Impact of labour income in gross value added on migrations in Bosnia and Herzegovina

Abstract

The transition countries of Southeast Europe, especially the countries of theWestern Balkans, have achieved modest economic growth rates since the beginningof the transition process. High unemployment rates, relatively high externalimbalances, and rising external debt are common for the entire region. This paperwill explain the impact of a decrease in the share of labour income in total grossvalue added on the increased outflow of the working-age population. The subjectof a specific analysis is the increase in inequality and the consequences ofdifferences in income on the economy and society of the country will be explainedIncreasing inequality in Bosnia and Herzegovina is measured by a significantdecrease in the share of labour income in total gross value added in Bosnia andHerzegovina affects the outflow of the working-age population abroad.