Gjorgjioska, Emilija (2025) Fast-track arbitration in the Balkans: Are Balkan Arbitration Institutions in line with emerging arbitration trend? THE REVIEW OF LAW, INTERNATIONAL POLITICS AND ECONOMICS, 1 (2). pp. 43-57.
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Abstract
Fast track arbitration is an alternative to traditional arbitration offering parties to settle their disputes with greater efficiency. Often highlighted shortcomings of the arbitration as a not so affordable dispute resolution method, consuming high expenses and time, have been overcome by introducing the expedited or fast track arbitration.
Some renowned arbitration institutions have introduced expedited arbitration as a more efficient way of resolving disputes a few decades ago. In 2021, also the United Nation Commission on International Trade law adopted Expedited Arbitration Rules. The Western Balkan States handling with low public trust into the judicial system, where courts
are overburdened and cases take too long to be resolved, the expedited arbitration has enormous potential to further develop. The aim of the article is to examine the situation in the Balkan countries, the level of implementing expedited arbitration as a specific arbitration procedure before Balkan arbitration institutions. In a situation where there is a lack of analysis of the legal framework and
application of expedited arbitration in the Balkans, the analysis of institutional legal framework of arbitration institutions is the basis for further conclusion on the shortcomings and recommendations for improving the application of expedited arbitration procedures.
A comparative and qualitative content analysis was made on the Arbitration Rules of: the Permanent court of Arbitration attached to the Economic Chamber of North Macedonia (PCA–ECNM), the Permanent Arbitration at the Chamber of Commerce and Industry of Serbia (PA Serbia), Arbitration Court of the Foreign Trade Chamber of Bosnia And Herzegovina (Arbitration court of FTCBH), the Permanent arbitration court of the Croatian Chamber of Economy (CCE Permanent Arbitration Court), Ljubljana Arbitration Centre at the Chamber of Commerce and Industry of Slovenia (Ljubljana Arbitration Centre at the CCIS), Arbitration Court at the Chamber of Economy of Montenegro (Arbitration Court at the PKCG) and ADR center of American Chamber of Commerce in Kosovo (ADR
Center – AmCham Kosovo).
The results of the research confirm that all analyzed arbitration institutions have adopted a section or article(s) about expedited arbitration, except the PCA–ECNM. Based on the results, the author proposes recommendations to enhance the level of use of expedited arbitration as a more efficient way in resolving disputes.
| Item Type: | Article |
|---|---|
| Subjects: | Scientific Fields (Frascati) > Social Sciences > Economics and Business Scientific Fields (Frascati) > Social Sciences > Law |
| Divisions: | Faculty of Economics |
| Depositing User: | Mr Dimitar Risteski |
| Date Deposited: | 27 Aug 2026 13:07 |
| Last Modified: | 27 Aug 2026 13:07 |
| URI: | https://eprints.uklo.edu.mk/id/eprint/11694 |
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