Bosnia-Herzegovina is not a failed state. It is a state designed to not fully function — and it is performing exactly as built. The 1995 Dayton Peace Accords ended a war that killed 100,000 people and displaced 2.2 million, but the constitutional architecture it installed treats ethnic deadlock as a feature, not a bug. A rotating three-way presidency, ethnically apportioned parliamentary seats, and two semi-autonomous entities plus a neutral district produce a governance system where vetoes are cheap and consensus is nearly impossible. The country's 3.1 million people are divided among Bosniaks (roughly 50%), Serbs (31%), Croats (15%), and others. Each constituent group holds effective blocking power over central government decisions. The result is a permanent institutional stalemate that benefits political incumbents in all three communities — leaders who derive power from communal anxiety rather than policy delivery. This is not dysfunction in the colloquial sense; it is a system optimized for the absence of war, not the presence of governance. The Office of the High Representative — currently led by acting head Louis J. Crishock of the US, following Germany's Christian Schmidt — retains sweeping Bonn Powers to dismiss officials, pass laws, and override democratic institutions. Supporters argue this international backstop prevents state collapse. Critics, with increasing justification, point out that it infantilizes domestic politics and allows local leaders to externalize blame for their own failures. The country operates as a de facto protectorate thirty years after the war ended. Milorad Dodik, the dominant Serb leader in Republika Srpska until 2025, has turned this arrangement into a separatist lever. With backing from Belgrade, Moscow, and increasingly the Trump administration, Dodik frames Bosnia's central government as an illegitimate imposition on Serb sovereignty. His interpretation — that Dayton guaranteed near-independence for Republika Srpska — is contested but politically useful. Meanwhile, Bosnian Croat leaders pursue their own autonomy play, pushing for a third entity with support from EU member Croatia. The EU accession track, formally opened when the European Council greenlighted negotiations in early 2024, is the only structural exit from this paralysis. But it requires reforms in rule of law, anti-corruption, organized crime prosecution, and institutional functionality — precisely the areas where ethnic vetoes make progress hardest. The EU has partially suspended infrastructure funding for Republika Srpska over separatist policies, creating a direct financial consequence for Dodik's posturing but doing little to alter the underlying incentive structure. The deeper extraction here is temporal. Dayton bought peace in 1995 by constitutionalizing ethnic division. Every year the architecture persists, it deepens the grooves of communal politics, hollows out cross-ethnic civic institutions, and makes reform harder. External actors — the OHR, EU, Russia, the US — each pull on different threads without resolving the fundamental design flaw: a constitution built for war termination is being asked to deliver peacetime governance, and it cannot. Bosnia-Herzegovina submitted its EU membership application in 2016. Nine years later, actual accession talks have not begun. The country has been receiving pre-accession assistance since 2007 — nearly two decades of preparation for a process that keeps receding. At some point, the European perspective stops being a reform incentive and becomes a polite fiction that all parties maintain because the alternative is admitting the system is stuck by design.