SWOT analysis of West Herzegovina County
S-Strengths, W-Weaknesses, O-Opportunities, T-Threats
INTERNAL FACTORS
| 1. STRENGTHS: | 2. WEAKNESSES: |
|---|---|
| natural resources | traffic communications |
| human resources | entrepreneur problems with organization |
| economic resources | outdated techniques and technologies |
| basic infrastructure | weakness of state administration |
| geo-strategic position | under-utilization of existing capacity |
| tourist attractions | human resource managing |
| good ecological condition | consequences of war |
| sports and recreational conditions | coordination of county and local authorities |
| proximity of large markets | multi national cooperation |
| tradition and historical heritage | unemployment |
EXTERNAL FACTORS
| 3. OPPORTUNITIES: | 4. THREATS: |
|---|---|
| use of geo-strategic location and transport | natural disasters |
| better use of natural resources | lack of development institutions |
| introduction of innovations | globalization |
| benefits of the Mediterranean climate | Unfair competition |
| increase own and foreign investment | non favorably business environment |
| implement institutional reform | rejection of project proposals at the national level |
| knowledge and technology transfer | non activate in national programs |
| accelerate the privatization process | expensive and ineffective state |
| entrepreneurship stimulation | increase in input prices |
| project inclusion in the European Association | slow in its EU integration |
| take advantage of the positive processes in the environment | small domestic market |
| innovation support and their application | disorders of international markets |
“Ova web stranica izrađena je uz pomoć Europske unije. Sadržaj ove web stranice je isključiva odgovornost JU Razvojne agencije ŽZH - HERAG te ni na koji način se ne može smatrati da odražava gledišta Europske unije.”