What Is in the Name? Risk Assessment of Macedonia
AbstractThis paper assesses the possible political and economic risks of Macedonia failing to be invited to join NATO in the near future due to a Greek embargo. Three possible outcomes of the current negotiations are discussed and some narrowing down of differences is noted. It may, however, not be possible to arrive at a compromise in a short period of time and thus some negative consequences cannot be excluded. Those will be immediate, though mild, if the negotiations break down; in the medium and long run perhaps significant benefits will be lost due to higher risks to investment and overall higher uncertainty. Contrary to that outcome, an agreement and Macedonia's accession to NATO, and later to the EU, would have immediate and long-term positive effects. A continuation of the negotiations and some progress on integration would have beneficial political and economic impacts and may even have some positive effects on the chances for an eventual agreement on the name of the Macedonian state.
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Bibliographic InfoPaper provided by The Vienna Institute for International Economic Studies, wiiw in its series wiiw Research Reports with number 347.
Length: 34 pages including 15 Tables and 6 Figures
Date of creation: Apr 2008
Date of revision:
Publication status: Published as wiiw Research Report
Find related papers by JEL classification:
- F51 - International Economics - - International Relations and International Political Economy - - - International Conflicts; Negotiations; Sanctions
- F52 - International Economics - - International Relations and International Political Economy - - - National Security; Economic Nationalism
- F53 - International Economics - - International Relations and International Political Economy - - - International Agreements and Observance; International Organizations
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-01-03 (All new papers)
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