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The Balkans in the New European Economic Space: Problems of Adjustment and Policies of Development

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  • George Petrakos

Abstract

Europe is undergoing simultaneous processes of integration and systemic transformation. Within this process, the Balkan region can be seen as being on the periphery of both processes. On the one hand, the process of economic transformation is both slower and less deep in the Balkan region, and also, consequently, less successful than it is in transition economies located nearer to the center of Europe. On the other hand, the Balkan region is also on the periphery ofEurope inphysicalterms,andthese two forms of marginalization are functionally related. This article examines the nature of this interrelationship and proposes a number of policy measures that can be implemented by the Balkan countries and by the European Union that could address both the physical and the economic marginalization of the Balkan region.

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  • George Petrakos, 2002. "The Balkans in the New European Economic Space: Problems of Adjustment and Policies of Development," Eastern European Economics, Taylor & Francis Journals, vol. 40(4), pages 6-30, July.
    • Handle: RePEc:mes:eaeuec:v:40:y:2002:i:4:p:6-30
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    Cited by:

    1. Vassilis Monastiriotis, 2008. "Quo Vadis Southeast Europe? EU Accession, Regional Cooperation and the need for a Balkan Development Strategy," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 10, Hellenic Observatory, LSE.
    2. Petrakos, George & Economou, Dimitri, 2002. "The spatial aspects of development in south-eastern Europe," ERSA conference papers ersa02p139, European Regional Science Association.
    3. Vassilis Monastiriotis & Achilleas Tsamis, 2007. "Greece’s new Balkan Economic Relations: policy shifts but no structural change," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 01, Hellenic Observatory, LSE.
    4. Vassilis Monastiriotis & George Petrakos, 2009. "Local Sustainable Development and Spatial Cohesion in the Post-transition Balkans: in search of a developmental model," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 29, Hellenic Observatory, LSE.

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