Abstract
The great wave of changes that began in 2008 with the great economic crisis, continued with the migrant crisis and the COVID 19 crisis, until the events in Ukraine and major geopolitical changes. All this caused enormous tectonic upheavals in the spheres of foreign trade affairs and initiated the need for risk management. In such conditions, the problem of financing foreign trade deals attracts special attention. The aim of the work is to point out the model of optimization of sources of financing foreign trade operations. In our work, we performed modeling in order to optimize the sources of financing foreign trade operations in Bosnia and Herzegovina. Modeling of sources of financing of foreign trade affairs of Bosnia and Herzegovina was carried out on the basis of the simplex model. The results of the research show the necessity of optimizing the sources of financing, as an important segment of the risk management of the financing of Bosnia and Herzegovina.
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Stefanović, D.V., Mekinjić, B., Milovanović, D. (2024). Risk Management of Foreign Trade Financing of Bosnia and Herzegovina. In: Mitrovic, N., Mladenovic, G., Mitrovic, A. (eds) New Trends in Engineering Research. CNNTech 2023. Lecture Notes in Networks and Systems, vol 792. Springer, Cham. https://doi.org/10.1007/978-3-031-46432-4_4
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