REGIONAL COOPERATION OF THE SOUTH EAST EUROPEAN COUNTRIES AS A PRECOGNITION FOR ACCELERATED AND SUSTAINABLE ECONOMIC GROWTH

Tosheva, Elizabeta and Tuntevski, Nikola (2020) REGIONAL COOPERATION OF THE SOUTH EAST EUROPEAN COUNTRIES AS A PRECOGNITION FOR ACCELERATED AND SUSTAINABLE ECONOMIC GROWTH. Horizons International scientific journal Series A Social Sciences and Humanities, 24 (13). pp. 231-243. ISSN 1857-9884

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Abstract

The countries of South East Europe (SEE) have made considerable progress in their integration into the European and global economy, as well as in strengthening their mutual regional ties. Since the economic crisis of 2008, the Central European Free Trade Agreement (CEFTA) has become instrumental in securing open and accessible regional markets. While there has been good progress in establishing a web of regional cooperation structures over the last years, more efforts are needed. The purpose of this paper is to propose Integrated Growth Model of these countries aimed to promote regional trade and investment linkages and policies that are non-discriminatory, transparent, predictable and will enhance the flow of goods, investment, services and people within the region. This will contribute to the further integration of the region into the European and global economy through enhanced participation in international supply chains, grounded on improved international competitiveness backed by deepened regional trade and new investments. Coordinated regional effort and consequent national implementation are prerequisites to give the expected boost to intraregional trade while increasing attractiveness for investment in the region. Key words: integrated growth, regional cooperation, South East European (SEE) countries

Item Type: Article
Subjects: Scientific Fields (Frascati) > Social Sciences > Economics and Business
Scientific Fields (Frascati) > Social Sciences > Other social sciences
Divisions: Faculty of Law
Depositing User: Pfk Eprints
Date Deposited: 18 Mar 2020 15:47
Last Modified: 18 Mar 2020 15:47
URI: http://eprints.uklo.edu.mk/id/eprint/4234

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