Poverty in the Balkans

Poverty is a very sensitive and challenging issue in many countries. In the post-war Balkans context, poverty is also a major problem for security and relations between communities. In this note, I briefly discuss the concept of poverty and overview poverty conditions in the region, underlining their complexity, some implications, and the role of international…

Extending the EU Semester Formula to the Balkans: Will it improve economic governance?

In 2013, the European Commission added economic governance to the fundamentals of the European Union’s (EU) enlargement strategy. The new approach to economic governance was implemented for the first time in 2015 and became fully operational in early 2016. This is a welcome development, but will the new approach help to achieve more sustainable economic…

A Balkan byway to a big land deal

 In 1963, the economist Albert O. Hirschman noted that, in Latin America, many believed that progressive change had prerequisites. Reformers tended to insist that progressive change could only be realised by overcoming certain prerequisites, often with foreign donor advice. Revolutionaries had an easy time ridiculing the reformers’ progressive measures, which were “openly and avowedly antagonistic”…

CEFTA and the SEE 2020 Strategy: The Importance of Trade Facilitation

Regional trade within CEFTA is still strongly impeded by time-consuming and costly procedures and formalities, especially when crossing the borders that separate member countries. Trade facilitation may help address and reduce these obstacles – specifically, trade facilitation relates to the simplification and standardization of all formalities and procedures at the borders, which is expected to…

The Challenges of Transition in Kosovo

Fifteen years after separating from Serbia and despite considerable foreign aid, Kosovo is still confronted with serious economic, social and institutional challenges; they include inter alia trade deficits, fiscal problems, the quality of governance, unemployment and poverty. Findings underline the complexity of the liberal and democratic transition, for which much time is required to overcome…