Independent and cutting-edge analysis on global affairs
After a decade of remarkable growth rates, the region of Southeast Europe was severely affected by the euro area fiscal and economic crises. The decreased international interest in this region does not depend entirely on the lack of global finances, rather on the structural problems of these small economies. The answer to this vicious cycle of economic recession, unemployment, and poverty lies in a new growth model based on regional economic integration, to enhance sustainable, inclusive, and smart growth. With a strong political will of all parties, the next 10 years can bring about a free regional economy, an interoperable new economic reality that would project collective financial stability, attract “qualitative” foreign direct investment, raise competitiveness and support innovative industries for long-term growth and development. Good governance, economic rule of law, and structural reforms are imperative for achieving these challenging objectives.
 
 
CONTRIBUTOR
Valbona Zeneli
Valbona Zeneli
Foreword Brazil, Russia, India, China, and South Africa, or the BRICS nations, are living proof of how power and influence are constantly changing in the world's politics and economy. Redefining their positions within the global system and laying the groundwork for a multilateral world order that aims to challenge the traditional dominance of Western economies and institutions, the BRICS countries have...
STAY CONNECTED
SIGN UP FOR NEWSLETTER
FACEBOOK
PARTNERS