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Regional Industrial Policy in the Western Balkans: Neither Specialization nor Spatialization?

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  • Slavka Zeković
  • Ana Perić

Abstract

This paper analyzes post-socialist industrial development and policy in the Western Balkans through the lens of its regional specialization and spatial concentration. Against a conceptual framework revolving around place-based industrial policy, and using the Concentration index (modified Herfindahl-Hirschman index) and location coefficients (Balassa index), a comparative analysis over three decades (1990–2020) highlights weak regional diversification and intra-regional integration of industrial activity. The findings offer a new industrial policy that transcends regional specialization and spatial concentration to address regional development, planning and governance. The concluding remarks reveal some basic paths toward effective and pro-European regional industrial policy in the Western Balkans.

Suggested Citation

  • Slavka Zeković & Ana Perić, 2024. "Regional Industrial Policy in the Western Balkans: Neither Specialization nor Spatialization?," Eastern European Economics, Taylor & Francis Journals, vol. 62(4), pages 479-504, July.
    • Handle: RePEc:mes:eaeuec:v:62:y:2024:i:4:p:479-504
    DOI: 10.1080/00128775.2023.2178936
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