Economic reform and the transformation of the payment bureaux

Bibliographic Data

ID12537659
AuthorsDominik Zaum (0000-0003-3148-555X, University of Oxford, corresponding author)
Year2005
Volume12
Issue3
Pages350-363
Publication date2005-09-07
Open AccessNo
TypeARTICLE
VenueInternational Peacekeeping (JOURNAL)
Journal identifiersISSN: 1353-3312 • E-ISSN: 1743-906X
PublisherTaylor & Francis (PUBLISHER • GB)
DOI10.1080/13533310500074168
OpenAlexW2020920412
LanguageEN
Citations received5

Economic reform has been central to the international state-building efforts in Bosnia and Herzegovina. This essay discusses one of the key economic reforms pursued by the international community: the transformation of the payment bureaux. By analysing the initiation, drafting, and implementation of the reform, it identifies two different motivations behind the reform: the promotion of a free market economy, and the weakening of parallel structures challenging the authority of legitimate state institutions. It highlights the way in which this and other crucially important reforms have been seen by international administrators as technical requirements, to be overseen and implemented by experts, rather than as political decisions, requiring popular consultation and local input. The essay concludes by identifying how this approach of external governance has contributed to the successful elimination of the payment bureaux but also raises problems resulting from the downplaying of the importance of the political process and the implications this has for the success of the state-building project in Bosnia today

Business · Corporate governance · Economic reform · Payment · Political science · Politics · Process (computing · Promotion (chess · State (computer science · State-building · Global Financial Crisis and Policies · International Development and Aid · Law · Peacebuilding and International Security · Public Administration · Finance

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