Does integrated transport topology act as a stimulus for inclusive growth and regional development in Bosnia and Herzegovina?

Abstract

AbstractThe transport system is a crucial component of economic development in any country. Bosnia and Herzegovina, being a country with a diverse topography, faces unique challenges and opportunities in its transport system. This paper examines the potential challenges and opportunities of the transport system in Bosnia and Herzegovina and its role in economic development. Using a qualitative research approach, we conduct an in‐depth analysis of existing literature and collect primary data through semi‐structured interviews with key stakeholders in the transport industry in Bosnia and Herzegovina. Our findings indicate that the transport system in Bosnia and Herzegovina faces significant challenges, including inadequate infrastructure, lack of modernization, limited investment, and weak institutional framework. However, there are opportunities for the development of the transport system including its strategic location as a transit hub, potential for infrastructure improvements, and its unique natural resources that can be leveraged for tourism and sustainable development. The development of the transport system can also lead to increased trade and investment, job creation, and improved social welfare. To fully realize the potential of the transport system in Bosnia and Herzegovina, policymakers and stakeholders need to work together to address the challenges and leverage the opportunities. This paper provides policy recommendations for improving the transport system, including investment in infrastructure, modernization of the transport sector, institutional strengthening, and the promotion of sustainable development. The findings of this study have significant implications for the economic development of Bosnia and Herzegovina, and countries with similar challenges and opportunities in the transport sector.