What are the benefits of economic Integration for North Macedonia Integrated Balkan

Trenovski, Borche and Mijovikj Hristovska, Bojana and Nikoloski, Dimitar and Mijovikj Spasova, Tamara (2022) What are the benefits of economic Integration for North Macedonia Integrated Balkan. Analitica, Skopje.

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Regional cooperation is a principle of utmost importance for political stability, security and economic development of the Western Balkan countries: Albania, Bosnia and Herzegovina, the Republic of North Macedonia, Serbia, Montenegro and Kosovo. Many of the challenges faced by the Western Balkan States are not exclusive but rather have a cross-border dimension that involves the regional neighbours. The commitment of the Western Balkan countries for regional cooperation is part of the enlargement conditions as specified in the Stabilisation and Association Agreement (SAA) concluded with all countries. The Stabilisation and Association Process (SAp) implies strengthening the relations between the States and refers to free trade, development of transport, energy, infrastructure, technology etc. As one of the essential elements of the SAp, regional cooperation is assessed in the annual reports of the European Commission. In economic terms, regional cooperation between the Western Balkan countries is an instrument for improving the business climate, attracting foreign investments, and supporting the boost ofnational direct investments which constitutes the basis for increasing employment thereby the welfare of the citizens in the region. Nevertheless, bearing in mind the past, the most significant aspect of regional cooperation of the Western Balkan countries is that in the sphere of security. Fully aware of the fact that long-term stability and transformation of the Western Balkans region can best be achieved through economic growth and enhanced regional cooperation, the European Union (EU) launched the so-called “Berlin Process” in 2014. The Berlin Process is one of the latest initiatives that additionally stimulated regional cooperation via the “Western Balkans Six” format. The Berlin Process united the leaders of the Western Balkans with several EU Member-States2 on annual summits.

Item Type: Other
Subjects: Scientific Fields (Frascati) > Social Sciences > Economics and Business
Scientific Fields (Frascati) > Social Sciences > Law
Scientific Fields (Frascati) > Social Sciences > Political science
Scientific Fields (Frascati) > Social Sciences > Sociology
Scientific Fields (Frascati) > Social Sciences > Other social sciences
Divisions: Faculty of Economics
Depositing User: Efp Eprints
Date Deposited: 20 Sep 2022 07:58
Last Modified: 20 Sep 2022 07:58
URI: https://eprints.uklo.edu.mk/id/eprint/7126

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