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Analysis Of The Western Balkan Countries’ Competitiveness Determinants Using The Kei Methodology

Author

Listed:
  • Bojan KRSTIC

    (University of Nis, Serbia)

  • Marija DZUNIC

    (University of Nis, Serbia)

Abstract

The purpose of this paper is to analyse the development of knowledge economy and its importance for the competitiveness of the Western Balkans countries. The aim of the research is to evaluate the development degree of knowledge economy in the Western Balkans countries through the comparison of relevant indicators with the European Union countries. The research information base is the official World Bank data about values of "the knowledge economy index" (KEI). Comprehensive analysis leads us to conclusions about: a) the relative positions of the Western Balkans countries in relation to the EU countries, b) the development state of knowledge economy in analysed countries according to the pillars of the knowledge economy index. The paper concludes by highlighting the implications and recommendations for conducting the economic policy in the area which encourages the development of knowledge economy and improves competitiveness.

Suggested Citation

  • Bojan KRSTIC & Marija DZUNIC, 2014. "Analysis Of The Western Balkan Countries’ Competitiveness Determinants Using The Kei Methodology," EcoForum, "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration - Economy, Business Administration and Tourism Department., vol. 3(2), pages 1-8, July.
    • Handle: RePEc:scm:ecofrm:v:3:y:2014:i:2:p:8
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    File URL: http://ecoforumjournal.ro/index.php/eco/article/download/74/68
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    References listed on IDEAS

    as
    1. Constantin BRATIANU & Violeta Mihaela DINCA, 2010. "Knowledge Economy Dimensions," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 11(2), pages 210-221, May.
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