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- Title
The Monetisation of Assets through Concession and Applicability in the Sector of Energy in Bosnia and Herzegovina.
- Authors
Bajrambašić, Izet
- Abstract
Financial effects of monetisation through concession in the sector of energy in Bosnia and Herzegovina (B&H) may well increase the level of domestic investments, production, exports, employment and general economic growth, without additional higher borrowings and loss of ownership in these strategically important industries. These new financial opportunities are necessary for faster economic development of the country, especially in the transitional period, as this development process is a great challenge in modern world economy. It requires significant commitment and coordinated efforts of the public and private sector. The case study of Terminal Kakanj Power Plant (KPP) presented in this paper show that it is possible to implement monetization of assets through concession in the energy sector in B&H. The empirical results provide evidence of positive correlations between monetisation through concession process and economic development in B&H or other transition and development countries.
- Subjects
EUROPEAN Union countries; BUSINESS conditions; MONETIZATION; DEBT monetization; MACROECONOMICS -- Government policy; FINANCIAL crises; ECONOMICS
- Publication
Journal of Economic & Social Studies (JECOSS), 2016, Vol 6, Issue 1, p43
- ISSN
1986-8499
- Publication type
Article
- DOI
10.14706/JECOSS16612