CONCEPTUALIZATION AND FORMULATION OF THE MODEL OF SUSTAINABLE DEVELOPMENT IN BIH

Abstract

Bosnia and Herzegovina is a small and poor country, but with a great potential for the implementation of green economy, environmental entrepreneurship and the preservation of the eco systems. As developed countries have already achieved significant results in sustainable development and environmental entrepreneurship and the conservation of the eco system, in particular the EU countries, this paper strives to present the measures that would be useful for the sustainable development of Bosnia and Herzegovina. Sustainable development constitutes a harmounious relationship between the environment and economy, so that the natural resources of our Planet could be preserved for the future generations. In that context, the aim of this work is to point in the direction of balancing social and economic development with environmental protection. Descriptive method and desktop research have been used in order to provide theoretical contribution by defining the most significant factors of growth and environmental protection.