UDC 34ISSN 2232-7339    e-ISSN 2303-4653
Godišnjak Pravnog fakulteta u Istočnom Sarajevu
Published yearbooks

   2010
      Vol. I No. 1/2010

   2011
      Vol. II No. 1/2011
      Vol. II No. 2/2011

   2012
      Vol. III No. 1/2012
      Vol. III No. 2/2012

   2013
      Vol. IV No. 1/2013
      Vol. IV No. 2/2013

   2014
      Vol. V No. 1/2014

   2015
      Vol. VI No. 1/2015

   2016
      Vol. VII No. 1/2016

   2017
      Vol. VIII No. 1/2017


REFLECTION OF B&H IMAGE ON ITS ECONOMIC PERSPECTIVE

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Branko Đerić

Goran Balotić

Predrag Mlinarević

Faculty of Economics,
University of East Sarajevo

Summary

The image represents the picture in the eyes of the public of a country or state which is reached by simply increasing all the received messages, both positive and negative ones. Currently our image, hence our position and status is very bad in the minds of consumers and potential business partners in the world. The first step in changing this situation is to make an appropriate strategy that will change such image and improve it in the eyes of the public. The competitive advantage of products and producers will be increased by strengthening the positive image of the country, thanks to the reputation and image of the country of the origin. In addition, making an attractive investment environment will attract significant FDI, that are the shortest way to raise rating and attractiveness of a country that is, its economic development and prosperity.

Key words: Image; Business environment; Competitiveness; Investment attractiveness; Foreign direct investment; Exports; Economic development.
 

Branko Đerić, branko.djeric@ekofis.org.