Audio Books by Bobana Cegar

Bobana Cegar is the author of State-Owned Enterprises in Bosnia and Herzegovina: Assessing Performance and Oversight (2019) and Reassessing the Role of State-Owned Enterprises in Central, Eastern and Southeastern Europe (2019).

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State-Owned Enterprises in Bosnia and Herzegovina: Assessing Performance and Oversight

release date: Sep 20, 2019
State-Owned Enterprises in Bosnia and Herzegovina: Assessing Performance and Oversight
Based on a new database of State-Owned Enterprise (SOE) financial statements, we find that SOEs in Bosnia and Herzegovina are mostly in poor financial shape. We estimate the overall size and composition of the SOE sector, and identify individual companies that affect fiscal and macroeconomic performance. Financial analysis suggests that SOEs are not contributing enough to the economy. We also review the SOE governance framework and find that governments do not exercise their ownership function in line with WB/OECD guidelines. Reforms to the governance frameworks are necessary to foster transparency and improve accountability. More fundamental reform of the SOE sector might increase overall GDP by 3 percent per year.

Reassessing the Role of State-Owned Enterprises in Central, Eastern and Southeastern Europe

release date: Jun 18, 2019
Reassessing the Role of State-Owned Enterprises in Central, Eastern and Southeastern Europe
The Central, Eastern, and South Eastern European (CESEE) region is ripe for a reassessment of the role of the state in economic activity. The rapid income convergence with Western Europe of the early 2000s was not always equally shared across society, and it has now slowed dramatically in many countries of the region.


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