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EU Periphery, Economic Problems and Opportunities – The Case of Balkan Countries

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  • Stoyan Totev

Abstract

The economic analyses outlined that the big differences between the Balkan countries economic structure and the average EU one is seriously negatively affecting their economic efficiency. It appears that the Balkan region is becoming the weakest European economic area – the new European economic periphery. It is outlined that the most proper policy that will not lead to problematic economic results for the lagging Balkans countries can be the one of making benefits from their geographical location. Firstly by realising economic cooperation within Balkan countries and secondly throw participating of the Balkans as a sub-regional structure in the Black Sea economic initiatives.

Suggested Citation

  • Stoyan Totev, 2011. "EU Periphery, Economic Problems and Opportunities – The Case of Balkan Countries," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 59-68.
  • Handle: RePEc:bas:econst:y:2011:i:2:p:59-68
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    References listed on IDEAS

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    1. Fabio Canova, 2004. "Testing for Convergence Clubs in Income Per Capita: A Predictive Density Approach," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 45(1), pages 49-77, February.
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    8. TOTEV, Stoyan & SARIISKI, Grigor, 2008. "The Spatial Distribution Of Labour Intensive Industries In The Eu," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 8(1), pages 5-28.
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    More about this item

    JEL classification:

    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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