Open AccessTHE INFLUENCE OF CONTRIBUTION ACTIVITIES OF TURKEY ON ECONOMIC DEVELOPMENT OF COUNTRIES IN TRANSITION: THE CASE OF BOSNIA AND HERZEGOVINA AND KOSOVO ECONOMY
Author(s) -
Suada A. Džogović
Publication year - 2019
Publication title -
human
Language(s) - English
Resource type - Journals
eISSN - 2232-996X
pISSN - 2232-9935
DOI - 10.21554/hrr.041913
Subject(s) - diversification (marketing strategy) , the republic , population , transition countries , economy , gross domestic product , development economics , sustainability , period (music) , economic growth , geography , political science , economics , business , demography , international economics , philosophy , theology , marketing , sociology , ecology , physics , acoustics , biology
The aim of this study is to improve the knowledge about the influence of the Republic of Turkey on the economic development of the Western Balkan countries in the period from 2003 to 2014. The analysis of the activities of the Republic of Turkey shows how much they contribute to the national product, that is, they had influence on the diversification of the economy, generate the income and sustainability of a part of the engaged population in Bosnia and Herzegovina and Kosovo. Comparative data of the analyzed countries show that, with oscillatory movements, an increase in total investments of the Republic of Turkey was recorded in the period from 2003 to 2014. From the analyzed period, it is clear that Turkey is pursuing an active economic policy, whose primary objective is to improve economic relations with the Western Balkan countries