Regional Trade and Investments Integration Results within the South East Europe 2020 Strategy

  • Krum Efremov University American College Skopje
  • Jasmina Majstoroska University American College Skopje
  • Ilijana Petrovska University American College Skopje
  • Marjan Bojadjiev University American College Skopje
Keywords: Integrated growth, Competitiveness, Economic Growth, South East Europe 2020 Strategy, Trade, Region, Investment,

Abstract


The aim of this paper is to analyse the level and the dimensions of implementation of trade and investment integration targets in South East Europe (SEE) 2020 Strategy in SEE countries (Albania, Bosnia and Herzegovina, Croatia, Kosovo, Macedonia, Montenegro and Serbia). The main defined targets in SEE 2020 Strategy are to increase the intra-regional trade in goods more than 140% and to increase the overall Foreign Direct Investments (FDI) annual inflow to the region by at least 160%. Regional cooperation is one of the essential factors that should create new relations in SEE, enabling political stability and economic development, as an important preconditions for the countries in their EU accession process. The research methodology for this paper is a comparative analysis of quantitative data and review of the last years’ published official reports and scientific articles. Authors will provide updated situation overview in the countries of SEE with critical analysis of different respective actions and projects needed for achieving the SEE 2020 targets for the Integrated Growth Pillar. This research adds value as a scientific research in the area of trade and investments and provides recommendations for further policy makers’ activities.


Author Biography

Ilijana Petrovska, University American College Skopje
Vice Dean for Education and Head of Marketing department at School of Business Economics and Management

References

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Published
2015/09/03
Section
Original Scientific Paper