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In Search of the Balkan Recovery: The Political and Economic Reemergence of South-eastern Europe - Couverture rigide

Cviic, Christopher; Sanfrey, Peter

 
9780231701709: In Search of the Balkan Recovery: The Political and Economic Reemergence of South-eastern Europe

Synopsis

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Présentation de l'éditeur

In the early 90s the Balkans was rocked by the collapse of communism and the violent break-up of Yugoslavia. But the last decade has seen a transformation of South-Eastern Europe into one of the most dynamic emerging markets in the world. This book explains how the political scene has moved from conflict to cooperation, and how the economic recovery has been driven by growing investment and trade opportunities. The book explains why Yugoslavia broke up so violently and how other Balkan countries (Bulgaria, Romania and Albania) also went through great upheavals in the 1990s. It shows how the region s prospects improved dramatically as wartime leaders in Croatia and Serbia left the scene. The role of the international community is examined critically and a contrast is drawn between the dithering and procrastination of European leaders in the 1990s and the more constructive soft power approach of the EU and other international institutions in the current decade. Also explained is how the region s economic prospects have been turned around in recent years, with strong growth between 2000 and 2008. The recent global economic crisis has adversely affected economic performance, but the downturn is likely to be temporary; the Balkan region is well placed to take advantage of a global recovery, whenever that takes place. The book argues that the Balkan countries have strong long-term growth potential, but that achieving this will require careful macroeconomic management, the continuation of political stability and EU integration, and further improvements to the business environment.

Revue de presse

'Insightful, thorough and well-researched ... its chief advantage is the balanced overview of S.E Europe's experience since the demise of communism in the late 1980s. It goes a long way in challenging and dispelling some of the stereotypes about the region.' --Dr Dimitar Bechev, St Antony's College, University of Oxford

A remarkable book...short, readable and full of insights. The authors bring unrivalled knowledge and understanding of the region to this project.' --Professor Willem Buiter, CBE; Chief Economist, Citigroup

'This book is a welcome contribution by virtue of emphasizing regional long-term opportunities rather than dealing exclusively with regional problems. Providing a brief historical overview of the post-Second World War decades, the narrative focuses primarily on the transition of countries of South-Eastern Europe from the one-party state and centrally planned economy to democracy and market economy. The authors' knowledge of the region is outstanding, and their analysis is comprehensive and lucid.' --Klejda Mulaj, University of Exeter, UK

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