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Economic Crisis in Europe and the Balkans

Economic Crisis in Europe and the Balkans
Author: Anastasios Karasavvoglou
Publisher: Springer Science & Business Media
Total Pages: 245
Release: 2013-07-22
Genre: Business & Economics
ISBN: 3319004948

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The economies of the European countries are still in recession, the development process is at a standstill, companies are facing financial difficulties, and the EU’s monetary policy is tight and focused on lowering inflation. The fiscal problems and high debt levels of the northern European countries are of great importance, and they are the consequences of both the European economy’s structural characteristics and the EU’s policies. The economic area of Eastern Europe, the Balkans and the Black Sea countries is also vital, due to its special economic characteristics. The effects of the economic crisis on this particular area are catalytic, while the prospects for recovery are doubtful. The present book deals with the key aspects of the economic crisis in Europe, especially focusing on southeast Europe and the Balkans. The consequences of the crisis in these countries are analyzed and suggestions for how to address the crisis are outlined.


Balkan and Eastern European Countries in the Midst of the Global Economic Crisis

Balkan and Eastern European Countries in the Midst of the Global Economic Crisis
Author: Anastasios Karasavvoglou
Publisher: Springer Science & Business Media
Total Pages: 176
Release: 2012-07-26
Genre: Business & Economics
ISBN: 3790828734

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The world is changing rapidly. The global economic crisis has called into question the political decisions that have been made by all countries for decades and has led to a re-formulation of tools and aims. Adjustments to the new situation are necessary and entail considerable economic and social costs. The Balkan and Black Sea area is an important reference point for the European and global economy. Accordingly, the study of the economic development in the area is of great interest, engaging politicians and scientists alike. Under this framework, the matter of the relation between the area’s countries and the E.U., the role of the banking system and the importance of the primary sector of the economy as an important developmental factor for the countries’ economies are of great importance.​


Balkan and Eastern European Countries in the Midst of the Global Economic Crisis

Balkan and Eastern European Countries in the Midst of the Global Economic Crisis
Author: Anastasios Karasavvoglou
Publisher: Physica
Total Pages: 174
Release: 2012-07-27
Genre: Business & Economics
ISBN: 9783790828740

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The world is changing rapidly. The global economic crisis has called into question the political decisions that have been made by all countries for decades and has led to a re-formulation of tools and aims. Adjustments to the new situation are necessary and entail considerable economic and social costs. The Balkan and Black Sea area is an important reference point for the European and global economy. Accordingly, the study of the economic development in the area is of great interest, engaging politicians and scientists alike. Under this framework, the matter of the relation between the area’s countries and the E.U., the role of the banking system and the importance of the primary sector of the economy as an important developmental factor for the countries’ economies are of great importance.​


The Impact of the Crisis on the EU Perspective of the Western Balkans

The Impact of the Crisis on the EU Perspective of the Western Balkans
Author: Rumiana Jeleva
Publisher: Wilfried Martens Centre for European Studies
Total Pages: 129
Release: 2012-04-29
Genre: Political Science
ISBN: 2930632216

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Please find a free PDF download available here: http://martenscentre.eu/publications/impact-crisis-eu-perspective-western-balkans Like elsewhere in Europe, the crisis has affected economic developments in the Western Balkans, from Croatia in the north to Albania in the south. The countries in the region face difficulties such as high unemployment, decreased availability of bank credit and reduced trade. Furthermore, the inability of their political institutions to deal immediately with these economic challenges has reinforced the negative effects of the crisis. What does this mean for the Western BalkansÕ accession to and integration within the EU? This paper by Rumiana Jeleva shows that improving the economic situation is an essential precondition for public support for EU integration. At the same time it argues that the pro-European orientation of the Western Balkans ensures that they will continue to look towards the EU, rather than to the US or Russia. This is demonstrated by the fact that they are not merely taking measures to recover from the crisis: they are taking measures that are aligned with European regulations. The Western Balkan countries may have a long way to go to become EU members, but they have proven their commitment to a future within the EU by their pro-European solutions to the crisis. This makes it all the more important for the EU, even in this time of crisis, to continue to support the accession process and bring the Western Balkans closer to the EU.


In Search of the Balkan Recovery

In Search of the Balkan Recovery
Author: Christopher Cviic
Publisher:
Total Pages: 236
Release: 2010
Genre: Business & Economics
ISBN:

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In the early 1990s, the Balkans was rocked by the collapse of communism and the violent breakup of Yugoslavia. Yet the last decade has seen Southeastern Europe transform into one of the most dynamic emerging markets in the world. In Search of the Balkan Recovery tracks Yugoslavia's political evolution from conflict to cooperation and the role of growing investment and trade opportunities in facilitating this recovery. Cviic and Sanfey read the history of Yugoslavia's violent disintegration against similar events in Bulgaria, Romania, and Albania. They critically examine the involvement of the international community and contrast it against the procrastination of European leaders and the more constructive "soft power" approach of the European Union, among other institutions. They also trace the recovery of Balkan economic prospects in recent years and argue that, despite our current economic crisis, the downturn in the region's economic well-being is likely to be temporary.


The First Decade of Living with the Global Crisis

The First Decade of Living with the Global Crisis
Author: Anastasios Karasavvoglou
Publisher: Springer
Total Pages: 192
Release: 2016-01-28
Genre: Business & Economics
ISBN: 3319242679

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This volume sheds new light on economic developments in several countries of Southeast Europe. The European Union and especially the eurozone continue to experience rhythms of fiscal crisis, as can most clearly be seen in the debt crisis in the South Periphery. Despite the fact that several measures and decisions have been taken to deal with the crisis (banking union, liquidity support from the European Central Bank), proposals to reform Europe’s strategic policy in order to find a way out of the crisis have been put forward. This book explores the respective roles that specific sectors, e.g. the agricultural sector, social capital, tax policies and labour immigration, can play in this regard. The importance of international economic relations (exports, imports, FDI, exchange rates) is analysed, in order to illustrate the nature of the economic developments and the major economic difficulties these countries face.


Western Balkan Economies in Transition

Western Balkan Economies in Transition
Author: Reiner Osbild
Publisher: Springer
Total Pages: 171
Release: 2018-08-23
Genre: Business & Economics
ISBN: 3319936654

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This book explores the economic and social development of the Western Balkan region, a group of six countries that are potential candidates for EU membership. It focuses on the key economic issues facing these countries, including the challenge of promoting economic growth, limiting public deficits and debt, and fostering international trade relations. Given the severe impact of the recent economic crisis on social welfare in the region, it also investigates the nature and extent of social exclusion, a factor likely to produce future political instabilities if not effectively addressed by a return to sustainable economic growth. The contributions explore these issues in light of the major influence of EU policy instruments and advice, which are currently guiding the economies along an accession trajectory to future EU membership.


Economic Crisis, Development and Competitiveness in Southeastern Europe

Economic Crisis, Development and Competitiveness in Southeastern Europe
Author: Anastasios Karasavvoglou
Publisher: Springer
Total Pages: 157
Release: 2016-09-08
Genre: Business & Economics
ISBN: 3319403222

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This book analyzes the foundations and means of overcoming the current crisis in the broader area of Southeast Europe. The contributions make proposals from both theoretical and empirical points of view and discuss the concept, determinants and policies of competitiveness in these countries. The financial crisis became a prolonged fiscal crisis, a bank confidence crisis, and economic recession, and the book discusses the European and national policies implemented to resolve it. It also investigates the internal conflicts generated by institutional arrangements and policy measures, both within the nation states and the eurozone. Economic competitiveness is a key topic for policymakers, as they have to secure economic growth and improve their populations’ standards of living. This volume sheds light on what constitutes economic competitiveness, as well as on the policies and economic and institutional structures that improve competitiveness.


Economic and Financial Challenges for Eastern Europe

Economic and Financial Challenges for Eastern Europe
Author: Nicos Sykianakis
Publisher: Springer
Total Pages: 557
Release: 2019-07-11
Genre: Business & Economics
ISBN: 3030121690

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The papers in this proceedings volume were presented at the 9th international conference “The Economies of the Balkan and Eastern European Countries in the Changing World” (EBEEC) held in Athens, Greece, in April 2017. They include the scientific results of research on current issues relevant for the wider area of Eastern Europe. Authors from 30 different countries develop new ideas, covering topics such as international economies, European integration, the economic crisis, macroeconomics, banking, stock markets, education, energy, innovation, and marketing. The contributions also examine the role of the economies of the Balkan and Eastern European countries in a pan-European context.


The Economies of the Balkan and Eastern Europe Countries in the Changed World

The Economies of the Balkan and Eastern Europe Countries in the Changed World
Author: Anastasios G. Karasavvoglou
Publisher: Cambridge Scholars Publishing
Total Pages: 485
Release: 2011-01-18
Genre: Business & Economics
ISBN: 1443828319

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The rapid changes in the economic and political climate of the Balkan and the Black Sea countries demand continuous adjustments in the mixture of the implemented economic policy in the area. Under this framework, there is a special interest to investigate the impact of the global economic reality in these economies, the importance of their integration in the European Union, as well as the foundation of various regional organizations that host many countries of the specific area. Taking into consideration the current developments within the European Union, the economic crisis that strikes the peripheral EU countries and the dispute over the credibility of the euro currency, economists need to enhance the effectiveness of regional development, to underline the value of FDI and entrepreneurship of the countries of the Balkan and the Black Sea, to assist the bank sector in order to support the level of productivity, to control the financial flows with the help of auditing structures and to exploit human recourses in order to achieve economical reforms in these countries. The current volume approaches, among others, the above matters and aspires to contribute to the further investigation of the possibilities and the perspectives of the economies of the region.