The EU’s Energy Union – An Opportunity for the Western Balkans

Policymakers and pundits in the Western Balkans should take note as energy has once more come into the spotlight in Brussels.  On  February 25th the European Commission unveiled its blueprint for an Energy Union, an instrument intended to both deepen integration and bolster EU’s bargaining power vis-à-vis external suppliers such as Russia’s Gazprom.  While the…

Structural weaknesses of the Western Balkan economies

Bleak economic prospects Until the strong impact of the global economic crisis, the Western Balkan countries registered relatively high growth rates, declining inflation, rapid expansion of foreign trade and increasing Foreign Direct Investment (FDI). Many important economic reforms, required by the transition to market economy, have also been implemented successfully. Ongoing political, legal and economic…

Reinventing Competitiveness

During the past few years, the European Commission initiated numerous programs with the goal of successfully reforming the legal and institutional framework related to competitiveness in the Western Balkan region. These changes have often been counter-effective in certain areas, which has been negative on the overall business environment, for instance unpredictability, legal uncertainty, increased regulatory…

Leave us the worst and dullest!

The “global cold war for talent” is at its peak. Developed countries are introducing innovative developments to attract “the best and the brightest” from around the world, while developing countries are becoming increasingly aware of the importance of human capital for their development, and are putting in efforts to retain their most educated citizens within…