UKLJUČIVANJE ZEMALJA ZAPADNOGA BALKANA U EUROPSKU UNIJU – STANJE I POTENCIJALNI EKONOMSKI UČINCI
ACCESSION OF WESTERN BALKAN COUNTRIES TO THE EUROPEAN UNION – CURRENT STATE AND POTENTIAL ECONOMIC EFFECTS

Summary/Abstract: Faced with the unfavorable economic and social situation, which has emerged as a direct consequence of previous war events and political turbulences, Western Balkan countries have identified the realization of the full EU membership as the most important economic and strategic goal. The aim of the conducted research is to examine the current position of this group of countries in the European integration processes by examining the theoretical and historical insights on integration trends in Western Balkan countries and analyzing the economic situation. The purpose of the research is to determine the potential effects of the full EU membership on achievement of economic and social progress in Western Balkan countries. The conducted research found a significant lag behind of this group of countries toward the EU average, which is a challenge in the implementation of effective structural reforms. With the full EU membership, this group of countries will be able to operate on the EU Internal Market and be available to use the EU financial instruments, which will present the basis for significant acceleration and improvement of economic performance and an increase in international competitiveness.

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