ECONOMIC PERFORMANCES OF DAIRY INDUSTRY IN BOSNIA AND HERZEGOVINA IN TRANSITION

Research within this paper was aimed to give picture of economic performance of the dairy industry based upon commonly used indicators calculated for each dairy plant in Bosnia and Herzegovina.In order to understand state of sector transition micro-level analysis was conducted on the basis of balance sheet and income statement, two main financial records, of all dairies in Bosnia and Herzegovina. Documents were obtained from agencies in charge of collecting annual financial reports of both entities in order to assure reliable data for analysis. Research was conducted for three years period (2009-2011). Analysis encompassed horizontal and vertical analysis of balance sheet and income statement. Indicators of financial stability (liquidity and indebtedness ration) and operating successfulness (efficiency, activity, productivity and profitability ratios) we calculated as well. All diaries were classified and analysed by entity and size. The analysis shown that BH dairies operate under very hard circumstances that negatively affects their operating performances. Low liquidity and profitability indicates both financial instability and poor business success. Situation is unsatisfactory in the whole countries, although slightly better in FBH than in RS. So, sector transition is far from completion, and its future characteristic will strongly depend on entrepreneurship (spirit and skills) as well as on ability to change and re-develop institutions both formal and informal (values, culture etc)

Implications of Current Business Environment for Farm Development and Management in Bosnia and Herzegovina

The characteristics of business environment are shaped by the applied public policies as well as by private policies within agri-food chain. Consequently, characteristics of business environment define effort necessary to manage farm and to ensure its development. Therefore, the aim of this paper was to identify total impact of public policies implemented to the competitive capacity of the sector in BH. Research was focused to selected productions with high level of export potential and/or to these ones which are extremely important for quality of life in rural areas (plum, apple, paprika, tomato, corn, milk and lamb meet). Impact of implemented public policies has been verified by set of sector protection indicators that are the most commonly used in literature (level of effective and nominal protection – NPR, EPR, and level subventions to producers SPR). The current structure of input market has been identified as one of the main constrains to apply modern technology and to improve productivity ensuring better position at the market and faster development. Impacts of output market structure were discussed as well. The research showed that analyzed productions have potential to grow and develop (DRC<1), that they are competitive, but the quality of business environment is limitation factor which prevents efficient realization of their potential

AROME-ESO Oncology Consensus Conference: access to cancer care innovations in countries with limited resources. Association of Radiotherapy and Oncology of the Mediterranean Area (AROME-Paris) and European School of Oncology (ESO - Milan)

Purpose: Cancer is a leading cause of mortality worldwide. Its incidence is still increasing, particularly in developing countries. Recent progresses further strengthen the differences between low/middle and high-income countries. This situation calls for joint action to reduce inequities in cancer outcomes among the patients. The Association of Radiotherapy and Oncology of the Mediterranean Area (AROME) and the European School of Oncology (ESO), have initiated joint conferences devoted to access to innovations in oncology in the Mediterranean area. The heterogeneity of the economic, political and cultural situations of the different participating countries, offers the opportunity to develop consensus conference