Skip to main content

Dr. Mehmed Ganić
Full Professor Dr.
Head of Department of Economics and Management
ECON Program Coordinator
IBF Program Coordinator
2010 - PhD, Economic faculty UNZE
1999 - MSc., Economic faculty UNSA
1995 - BA, Economic faculty UNTZ

Academic Experience


Assist. Prof. Dr.


International University of Sarajevo


Assoc. Prof. dr.


International University of sarajevo

2016-- present

Admisnitrative Experience


Program Coordinator

Faculty of Business and Administration

International University of Sarajevo

2012- 2017

Vice Rector for Academic Activities and Students’ Affairs


International University of Sarajevo




  • Ganić, M., Hodzic, L. and Ridzic, O. (2021) Public Borrowing and Private Investment: A Test of the Crowding-out (or- in) hypothesis in selected European transition countries and post-transition countries, Croatia Operational Research Review. Volume 12 (2021), Number 1 forthcoming.
  • Ganić, M., Hrnjić, M. (2021). How Does International Financial Integration Really Affect Transition Countries' Growth? Empirical evidence from CEE-10 countries. The Journal of Central Banking Theory and Practice, Volume 10, Number 3, forthcoming.
  • Ganić, M (2021) Is financial integration Driver of Income inequality? A panel co-integration analysis in Europe, Int. J. of Economic Policy in Emerging Economies, Vol. 14, No. 1.DOI: 10.1504/IJEPEE.2021.111950. Indexed in Scimago database 
  • Ganić, M. and Mamuti, A. (2020). A re-examination of validity the life cycle hypothesis: Evidence from Emerging Europe, Croatia Economic Survey, December, Vol. 22(2).Indexed in Scimago database 
  • Ganić, M. (2020). Are Determinants of International Financial Integration in the European Transition Countries Different from Post-Transition Countries?- Studies in Business and Economics. Volume: 15, Issue 1, 2020. Indexed in Scimago database.
  • Ganić, M. and Hrnjic, M. (2019). Does a country’s business regulatory environment affect its attractiveness to FDI? Empirical evidence from Central and Southeast European countries. EASTERN JOURNAL OF EUROPEAN STUDIES Volume 10, Issue 2, December 2019 .Indexed in Scimago database 
  • Hraiba, A. Ganić, M. And Brankovic, A. (2019). Does the wave of Arab spring affect of Foreign Direct Investment (FDI) Outward? An Empirical Evidence from the Mideast and North Africa. Ekonomski Pregled. Vol.70. Issue 3. DOI: 10.32910/ep.70.3.3 Indexed in Scimago database
  • Ganic, M. (2019). Does Foreign Direct Investment (FDI) Contribute to Poverty Reduction? Empirical Evidence from Central European and Western Balkan Countries, Scientific Annals of Economics and Business66(1), 2019, pp. 15-27. DOI: 10.2478/saeb-2019-0003 . Indexed in Scimago database.
  • Ganić, M. (2018). An Empirical Analysis of Factors Affecting Bank Interest Margins: Evidence from the South East European Countries, Comparative Economic Research, Volume 21, Number 2, 2018 10.2478/cer-2018-0013. Indexed in Scimago database
  • Ganić, M., Dizdarevic, A. and Mamuti, A. (2017). Assessing a Currency Substitution Persistency in the Western Balkan Region, Economic Analysis (Vol. 50, No. 3-4, 43-54). Indexed in ERIH PLUS, EBSCO and REPEC.UDC: 336.744/.746 336.76(497-15)
  • Ganić, M.,Mamuti, A. (2016). DEVELOPMENTS, TRENDS AND FEATURES OF FINANCIAL INTEGRATION IN THE WESTERN BALKAN REGION- CROSSCOUNTRY COMPARISONS Uluslararası Yönetim İktisat ve İşletme Dergisi, Int. Journal of Management Economics and Business ICAFR 16 Özel Sayısı Int. Journal of Management Economics and Business, ICAFR 16 Special Issue. Indexed in: TÜBİTAK-ULAKBİM, EBSCO, Index Copernicus, DOAJ and others.
  • Mamuti, A., Ganić, M., (2016). THE EFFECT OF FDI ON THE GDP OF MACEDONIA, Uluslararası Yönetim İktisat ve İşletme Dergisi, ICAFR 16 Özel Sayısı Int. Journal of Management Economics and Business, ICAFR 16 Special Issue. Indexed in: TÜBİTAK-ULAKBİM, EBSCO, Index Copernicus, DOAJ and others.
  • Ganić, M., Ismić, B. Sarajčić, S.,   "Does Financial Deepening spur the Economic growth? Evidence from Bosnia and Herzegovina",  Journal of Economic Cooperation and Development (JECD), Volume 37 (2016), Number 1.  .  Indexed in Scimago database 
  • Ganić, M., Ismić, B., Riđić, O. What drives the profitability of the banking sector? An Empirical evidence from Bosnia &Herzegovina, The Romanian Economic Journal, ISSN  (print)  1454-4296, ISSN (online) 2286-2056 Indexed in:  EconLit,  Ulrich’s Periodicals Director, Repec; EBSCO, Index Copernicus Journal Master List, Open JGate, Open Access Journals, DOAJ and others. Issue 55, March, 2015.
  • Ganić, M., An Empirical Study on Liquidity risk and its determinants in Bosnia and Herzegovina, The Romanian Economic Journal, ISSN  (print)  1454-4296, ISSN (online) 2286-2056 Indexed in: EconLit , Ulrich’s Periodicals Director,  Cabell's , Repec; EBSCO, Index Copernicus Journal Master List, Open JGate, Open  access Journals, DOAJ and others. Issue 52 (Year XVII) October 2014
  • Ganić, M. Bank Specific Determinants of Credit Risk - An Empirical Study on the Banking Sector of Bosnia and Herzegovina, International Journal of Economic Practices and Theories (IJEPT) ISSN: 2247 – 7225 (online), Vol 4, No 4 (2014), Indexed in RePEC, Cabell's, EBSCO, Index Copernicus, OCLC, BASE, Google Scholar and others.
  • Top Ten SSRN downloads, October (2014)
  • Ganić, M.  The EU debt crisis: A Reflection on financial sector of the Western Balkans, Journal of Business, Economics and Finance, ISSN:2164-7943, Volume 2, Issue 1, 2013. Indexed and Abstracted in: Cabell’s Directory (Economics & Finance), Open J-Gate, NewJour, ASOS Index COPERNICUS, EBSCO, ECONLIT.
  • Ganić, M.  The Impact the Global financial crisis on the banking sector of Western Balkans: Cross-country Comparison Analysis, Journal of Economic and Social Studies, ISSN 1986- 8499 (print), 1986-8502 (online Vol. 2, No. 2 (July  2012). Indexed and Abstracted in: ECONLIT, EBSCO, ProQuest, INDEX COPERNICUS, ASOS Index.
  • Bičo, A. & Ganić, M.  The Efficiency of Banking Sector in Bosnia and Herzegovina in Comparison to Slovenia: Comparative Analysis Journal of Economic and Social Studies,), ISSN 1986- 8499 (print), 1986-8502 (online), Vol. 2, No. 2 (July 2012). Indexed and Abstracted in: ECONLIT, EBSCO, ProQuest, INDEX COPERNICUS, ASOS Index.
  • Ganić, M.  Perspectives of Application of Currency Board Arrangement with Special Emphasis on Bosnia and Herzegovina, International Journal of Business and Social Science ISSN 2219-1933 (Print), 2219-6021 (Online), Vol. 3 No. 4 [Special Issue - February 2012], USA. Indexed in: EBSCO, Index Copernicus, ProQuest, JournalSeek, Directory of Open Access Journals (DOAJ), Cabell Publishing, Ulrichsweb™

Social Science Research Network (SSRN)
Volume 37 (2016) Number 1

  • Ganić,M. Contemporary trends in Knowledge based economy: The EU experience and the Europe 2020 Strategy, 2nd International Symposium on Innovative Approaches in Scientific Studies, November 30 - December 2, 2018, Samsun, Turkey
  • Ganić,M. Twenty –Six Years of Independence of Bosnia and Herzegovina: The Economics of Early Transition and How to go further? A Ist International A Luminary A country Symposium, 03/05 October, 2018, Gümüşhane University, Turkey.
  • Mamuti, A. Ganić, M., (2016). QUANTITATIVE AND QUALITATIVE ASPECTS OF  REMITTANCES, COMPARATIVE ANALYSIS OF ALBANIA AND MACEDONIA, 2thInternational Conference on Sustainable Development (ICSD-2016) held from October 19 to 23, 2016 in Skopje- MACEDONIA.
  • Ganić, M., Mamuti A. Developments, trends and features of financial integration in the Western Balkan region- Cross-country comparisons, ULUSLARARASI MUHASEBE VE FİNANS ARAŞTIRMALARI KONGRESİ,  Bülent Ecevit Üniversitesi, May 12-16, 2016.
  • Ganić, M. Dimensions of economic development and the challenges of post-conflict transition: Evidence from the Western Balkan - paper presented at the 25. GENERAL CONFERENCE of International Peace Research Association - IPRA on Uniting for Peace: BuIldIng Sustainable Peace Through Universal Values, August 10-15 2014, ISTANBUL, TURKEY
  • Ganić, M. Sarajčić, S. and Omerhodžić, S. Lessons from Transitional Economies’ Failures: Why is  B&H  a Transitional (Non) Success Story? - paper presented at the First Sarajevo International Conference on "Global Crisis and Countries in Transition” June 19-22, 2014, International University of Sarajevo, pp. 9-22.
  • Ganić, M.  The Effects of Foreign Direct investment Flows in Developing Process of Countries of Western Balkan - paper presented at the The 5th International Summit of Istanbul Economists - New Turkey’s Economic Vision In The Process of Global and Regional Change, 31 October -01 November 2013, Istanbul – Turkey.
  • Ganić, M.  The Integration of Western Balkan economies in Global Economic Flows- paper presented at the INTERNATIONAL SILKROAD CONGRESS and ACTR CONFERENCE, October 27-29, 2013 – Istanbul, Turkey
  • Ganić, M.  Economic Disturbances and Business Fluctuations In Economy Of Bosnia And Herzegovina – The Ongoing Story, EuroTecS  2013 European Conference of Technology and Society, June 27-28, 2013. Sarajevo.
  • N. Dreca & Ganić, M. Value -at-Risk (VAR) Models  Application in the Evaluation  of Exchange Rate Risk of Selected Banks, EUROPEAN CONFERENCE IN TECHNOLOGY AND SOCIETY EuroTecS-2013 . International University of Sarajevo , Sarajevo, Bosnia and Herzegovina , 2013.
  • Ganić, M.  Effects of Establishing a Central Registry of Credits and Explicit Deposit Insurance in B&H on Certain Trends in the Domestic Bankingpaper presented at the The 4th International Summit of Istanbul Economists - NEW IDEAS, NEW PRODUCTS AND PROPERTY RIGHTS IN COMPETITIVE ECONOMY, October 08-10, (2012). Istanbul, Turkey.
  • Ganić, M.  The Transmission of European Debt Crisis on the Region of Western Balkans: Some Stylized Facts,  Electronic International Interdisciplinary Conference 2012, September 3 – 7, 2012, Institution of the University of Zilina, Slovak Republic.
  • Ganić, M.  The Banking of Western Balkan in View of the Latest Financial Crises,paper presented at the Heritage of History: Solutions to Political and Social Issues in Southeast Europe at the Balkan Wars' Centenary,11-13 May 2012, Istanbul, Turkey.
  • Ganić, M.  The investment fund industry in Federation of B&H, International Conference – Business development in 2011, paper presented at the University of Zenica, November 12, 2011. Zenica- Bosnia &Herzegovina
  • Ganić, M.  Current problems and issues affecting the development of Capital market in Bosnia and Herzegovina – Retrospective and Real opportunities,  paper presented at the The 3rd International Summit of Istanbul Economists, Entrepreneurship Innovation & Economic development, October 10-12, 2011, Istanbul, Turkey.
  • Ganić, M.  Institutional aspects of prudential supervision of banks in Bosnia and Herzegovina with special emphasis on banking risk management, paper presented at the IX. INTERNATIONAL   CONGRESS ON KNOWLEDGE,  ECONOMY & MANAGEMENT, June 23-25, 2011. Sarajevo.


  • Mamuti, A. and Ganić, M. (2019). Impact of FDI on GDP and Unemployment in Macedonia Compared to Albania and Bosnia and Herzegovina, Publisher: Springer Verlag, Heidelberg, Germany, fothcoming.
  • The Labour Market, Social Inequality and the Role of Emigration: The Case of the Western Balkan Economies: Recent Economic and Social Developments in the book: Western Balkan Economies in Transition-Recent Economic and Social Developments, 1st ed. 2019, XII, 171 p., Publisher: Springer Verlag, Heidelberg, Germany.
  • Ganić, M. Is the Economy of Bosnia and Herzegovina Ready to Enter the "Brussels Era",  Publisher: International University of Sarajevo (IUS) Rectorate. Sarajevo, June, 2016. Chapter - Part IV. pp. 124 - 137. ISBN: 978-9958-896-248. COBISS.BH-ID: 23023622. In a book titled: Bosnia and Herzegovina: Law, Society and Politics.
  • Ganić, M.The Integration of Western Balkan economies in Global Economic Flows. In Mehmet Bulut (Ed.) Resilkroad. IZU and ADAM: Istanbul, 2014.


  • Ganić, M.   Neoliberalizam nije pravi lijek, BANKE U BIH, 01/12/2001
  • Ganić, M.  Država se mora "razvesti" od banaka, BANKE U BIH, 01/10/2001
  • Ganić, M.  Sistem pospješuje socijalizaciju dugova, BANKE U BIH, 01/02/2002
  • Ganić, M.   Liberalizam (ni)je pravo rješenje, BANKE U BIH, 01/03/2002
  • Ganić, M.    Tranzicijske zemlje liberalne i otvorene, BANKE U BIH, 01/06/2002
  • Ganić, M.   Izazovi reformi, BANKE U BIH, 01/09/2002
  • Ganić, M.    Nema gotovih rješenja, BANKE U BIH, 01/10/2002
  • Ganić, M.    Dvostruka stimulacija rasta, BANKE U BIH, 01/11/2002
  • Ganić, M.    Kako uspostaviti potpunu kontrolu nad imovinom banke, BANKE U BIH, 01/09/2002
  • Ganić, M.  Teza o čistoj privatnoj svojini je iluzija, BANKE U BIH, 01/12/2002
  • Ganić, M.   Otklanjanje posljedica krize dolara, BANKE U BIH, 01/02/2003
  • Ganić, M.   Do profita smanjivanjem rizika, BANKE U BIH, 01/03/2003
  • Ganić, M.    U strahu od recesije, BANKE U BIH, 01/04/2003
  • Ganić, M.    U funkciji tačnije procjene rizika i jačanja finansijske discipline, BANKE U BIH, 01/05/2003
  • Ganić, M.    Fiskalna politika u monetarnoj uniji, BANKE U BIH, 01/07/2003
  • Ganić, M.    Novi ambijent traži i novi pristup, BANKE U BIH, 01/10/2003
  • Ganić, M.  Liberalizacija tržišta bankarske industrije, BANKE U BIH, 01/11/2003
  • Ganić, M.   Novi izazov međunarodnoj zajednici, BANKE U BIH, 01/12/2003
  • Ganić, M.     Regulator i kreator monetarne politike, BANKE U BIH, 01/02/2004
  • Ganić, M.   Dolar dobio konkurenciju, BANKE U BIH, 01/03/2004
  • Ganić, M.     Unilateralna euroizacija: “za” i “protiv”, BANKE U BIH, 01/04/2004
  • Ganić, M.    Budućnost međunarodnog monetarnog sistema?!, BANKE U BIH, 01/05/2004
  • Ganić, M.    Ekonomija kaska za planovima, BANKE U BIH, 01/06/2004
  • Ganić, M.    Zabrinjavajući budžetski deficiti, BANKE U BIH, 01/07/2004
  • Ganić, M.     Poslovna orijentacija ka budućnosti, BANKE U BIH, 01/09/2004
  • Ganić, M.    Ukidanje damping cijena prirodnog gasa, BANKE U BIH, 01/10/2004
  • Ganić, M.    U iščekivanju reformi, BANKE U BIH, 01/01/2005
  • Ganić, M.     Ekonomisti nisu optimisti, BANKE U BIH, 01/03/2005
  • Ganić, M.   Uloga SDI u novopridošlim članicama, BANKE U BIH, 01/04/2005
  • Ganić, M.   (D)efekti klizanja dolara, BANKE U BIH, 01/05/2005
  • Ganić, M.     Regulacija tržišta finansijskih usluga, BANKE U BIH, 01/06/2005
  • Ganić, M.   Lažna slika pravog stanja, BANKE U BIH, 01/09/2005
  • Ganić, M.    Integracija bankarskog sektora, BANKE U BIH, 01/10/2005
  • Ganić, M.    Veća fleksibilnost deviznog kursa kao kazna za pogreške, BANKE U BIH, 01/12/2005
  • Ganić, M.     Zaštita od potencijalnog kolapsa, BANKE U BIH, 01/02/2006
  • Ganić, M.   Tržišna disciplina kao korektivni faktor, BANKE U BIH, 01/03/2006
  • Ganić, M.    Poboljšanje procjene rizika, BANKE U BIH, 01/04/2006
  • Ganić, M.   Usklađenost kao inspirator povjerenja, BANKE U BIH, 01/06/2006
  • Ganić, M.    Interni modeli procjene tržišnog rizika, BANKE U BIH, 01/07/2006
  • Ganić, M.    Osiguranje finansijske održivosti, BANKE U BIH, 01/12/2006
  • Ganić, M.    Banke moraju posjedovati kapital za operativni rizik, Banke u BIH, 01/02/2007
  • Ganić, M.     Politika finansijskih usluga, BANKE, 01/07/2007
  • Ganić, M.   Hedž fondovi novi izazov monetarnim autoritetima, BANKE, 01/09/2007
  • Ganić, M.   Odliv kapitala iz dioničkih fondova, BANKE, 01/10/2007
  • Ganić, M.     Investicioni fondovi mamac za štediše, BANKE, 01/11/2007
  • Ganić, M.    Dužničko finansiranje privrede izlaže ekonomiju riziku, BANKE, 01/12/2007
  • Ganić, M.    Za razliku od privrede, depoziti sektora finalne potrošnje stalno jačaju, BANKE U BIH, 01/03/2008
  • Ganić, M.   Kako preduprijediti inflatorne pritiske, BANKE U BIH, 01/10/2008
  • Ganić, M.    Promjene u profilu bankarskih rizika, BANKE U BIH, 01/11/2008
  • Ganić, M.     Koncept novca izložen riziku gubitka vlastite operativne vrijednosti, BANKE U BIH, 01/04/2009
  • Ganić, M.     Kretanja u bankarskom sektoru zemalja centralne i istočne Evrope, Magazin Prizma, juli/august 2004., pp. 91-94.  
  • Ganić, M.    Metodološki aspekti mjerenja kreditnog rizika prema Baselu 2-standardizirani pristup, Računovodstvo i finansije, FEB , Sarajevo, broj 09/ 2006., pp. 39-42.
  • Ganić, M.    Novi pristup Basela 2 tehnikama za umanjenje kreditnog rizika, Računovodstvo i finansije, FEB, Sarajevo, broj 10/ 2006. pp. 52-56.
  • Ganić, M.    Metodološki aspekti mjerenja kreditnog rizika prema Baselu 2-IRB pristup internog rangiranja, Financijski propisi i praksa Firkon doo , Mostar, broj 09/ 2006., pp. 39-42.
  • Ganić, M.     Otvorenost informacija i tržišna disciplina- Basel 2, Računovodstvo i finansije, FEB doo, Sarajevo, broj 11/2006., pp. 61-65.
  • Ganić, M.     Značaj i primjena nove Direktive o tržištu finansijskih instrumenata – MIFID 2004/39/EC na kompletiranju tržišta finansijskih usluga EU, Računovodstvo i finansije FEB  doo, Sarajevo, 12/2006, pp. 76-81.
  • Ganić, M.    Osnovni trendovi na tržištu dužničkih vrijednosnih papira zemalja EU, FEB, Računovodstvo i finansije, Sarajevo, 02/2007. pp. 33-38.
  • Ganić, M.    Prednosti i ograničenja UCITS Direktive za rad investicijskih fondova u EU, Računovodstvo i finansije, FEB Sarajevo, 05/ 2007., pp. 37-43.
  • Ganić, M.     Razvojni trendovi u evropskom bankarstvu, Financijski propisi i praksa, Firkon doo, Mostar,04/2007., pp.54-61.
  • Ganić, M.     Hedž fondovi-opšte odlike i trendovi,  Računovodstvo i finansije, FEB,  Sarajevo,  06/2007. pp. 71-75.
  • Ganić, M.     Principi i praksa najboljih preporuka za rad upravljačkih investicionih kompanija u EU, Računovodstvo i poslovne finansije FEB, Sarajevo, 03/2008.
  • Ganić, M.     Primjena kvantitavnih tehnika kod donošenja odluke o finansiranju putem lizing aranžmana, Računovodstvo i poslovne finansije, FEB , Sarajevo, 05/ 2008. pp.
  • Ganić, M.    Ciljevi i potrebe korisnika za finansijskim izvještavanjem u bankarskim institucijama, Računovodstvo i poslovne finansije, FEB, Sarajevo, 06/2008., pp. 35-40.
  • Ganić, M.    Institucionalni aspekti zaštite banaka od mogućih finansijskih poremećaja, Financijski propisi i praksa, Fircon, Mostar,  septembar 2008., pp. 59-63.
  • Ganić, M.    Načela i procedure Interne revizije u bankama, Računovodstvo i poslovne finansije, FEB, Sarajevo, 11/ 2008., pp. 70-75.
  • Ganić, M.     Kako vratiti povjerenje investitora u kvalitet vrijednovanja i dodjele kreditnog rejtinga, Financijski propisi i praksa, Fircon , Mostar, 01/2009, pp. 61.-67.
  • Ganić, M.    IOSCO principi kao generator povjerenja u tržište kapitala, Računovodstvo i poslovne finansije FEB, Sarajevo, 02/ 2009., pp. 73-81.


  • Ganić, M. (2021). Financial Globalization in the Emerging Balkans: Exploring Financial Trends during the Eve of EU, Membership, Palgrave Macmillan. DOI 10.1007/978-3-030-65009-4, Hardcover ISBN978-3-030-65008-7.
  • Ganić, M. and Branković , A. (2016). Bosnian and Herzegovinian’s commercial and economic relations with Turkey: The status of B&H’s economy and recommendations for the future, Publisher: International University of Sarajevo, (ISBN 978-9958-896-29-3), Sarajevo.
  • Ganić, M. (2012). Međunarodna regulacija u bankarstvu, (2012), Publisher: International University of Sarajevo, (ISBN: 978-9958-896-11-8), Sarajevo.
  • Ganić, M. (2004). Evropska monetarna unija, Sarajevo, Publisher: TKD Šahinpašić, (ISBN-13: 9789958 410 9 18), Sarajevo.


  • Undergraduate  portfolio: Principles of Economics –– Globalization and Business –– Money and Banking –– Financial Markets and Institutions –– Business Finance –– International Finance –– International Banking and Finance- International Monetary System –– Growth and Development –– Public Economics –– International Monetary Economics
  • Graduate portfolio :  Business Finance –– Corporate Finance –– Seminar in Special Topics in Finance –– International Banking and Finance –– Monetary and Fiscal strategy –– International Financial markets –– Globalization and Global governance. 

International University of Sarajevo - The best private university in Bosnia and Herzegovina

Featured Posts