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eKonferencije.com: IMPACT OF TRADE ON DEVELOPING COUNTRIES OF SOUTHEAST EUROPE

IMPACT OF TRADE ON DEVELOPING COUNTRIES OF SOUTHEAST EUROPE

1. Pero Petrovic

The paper discusses the trade exchange of Southeast Europe. They emphasized the analysis of trade in the region with the world and trade exchange among members of CEFTA. The work includes a brief overview of the economic regional cooperation through agreements in the past and that the same differ according to the present. The aim is to identify trade and economic similarities between the countries of Southeast Europe. Through individual analysis of trade and economy of all countries, obtained more accurate picture of the region as a whole. Exchange of goods is rising but there is a large untapped potential for further expansion of trade in the region and with third countries.
Many economists and politicians argue that the trade between countries of the Balkan region is among the most important aspects of the development of South Eastern Europe. There are several important points to this assertion, one of which is certainly the fact that by increasing the trade among each other, Balkan countries improve their economies and employee more people. Another aspect is that the Balkan countries that are not in the EU as of yet, are aiming to improve trade among themselves by lowering tariffs. This is the case with CEFTA agreement supported by the European Commission. Moreover, CEFTA members are essentially preparing themselves for the EU accession thus continuing the tradition of the original CEFTA, whose founding members are now in the EU. There is also the fact that by having a common market, the countries can improve domestic demand but also improve exports to the EU and to third countries.

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Uvodni rad: Da

Datum: 26.05.2011.

Br. otvaranja: 710

REDETE 2011


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