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Implementing structural reforms in the Western Balkan countries

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  • Rapacki, Ryszard

Abstract

The paper focuses on three main objectives. First, it assesses the progress of structural reforms implemented in six Western Balkan transition economies, i.e. Albania, Bosnia and Herzegovina, Kosovo, FYR Macedonia, Montenegro and Serbia. Second, it outlines the major economic and institutional weaknesses of these countries. Third, using the conceptual framework of new institutional economics it suggests a non-standard general approach to the reform process and provides guidelines for the design and sequencing of the most needed structural reforms which may enhance the international competitiveness and improve the macroeconomic performance of the Western Balkan countries in the future.

Suggested Citation

  • Rapacki, Ryszard, 2014. "Implementing structural reforms in the Western Balkan countries," EconStor Conference Papers 130184, ZBW - Leibniz Information Centre for Economics.
    • Handle: RePEc:zbw:esconf:130184
    Note: Paper prepared for the Aspen Conference on “Economic Development in the Western Balkans: on the Road to Competitive Market Economies?” Alt Madlitz, 24-26 June 2014.
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    File URL: https://www.econstor.eu/bitstream/10419/130184/1/Rapacki_Aspen%20paper.pdf
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    References listed on IDEAS

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    1. André Sapir, 2006. "Globalization and the Reform of European Social Models," Journal of Common Market Studies, Wiley Blackwell, vol. 44(2), pages 369-390, June.
    2. Rapacki, Ryszard, 2012. "Poland and Greece - Two Contrasting EU Enlargement Experiences," EconStor Preprints 130190, ZBW - Leibniz Information Centre for Economics.
    3. Amable, Bruno, 2003. "The Diversity of Modern Capitalism," OUP Catalogue, Oxford University Press, number 9780199261147.
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    More about this item

    Keywords

    institutions; structural reforms;

    JEL classification:

    • P3 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions
    • P5 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems

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