HAMSTER IN THE WHEEL. Credibility and EU Balkan policy
HAMSTER IN THE WHEEL. Credibility and EU Balkan policy

Author(s): Author Not Specified
Subject(s): National Economy, EU-Accession / EU-DEvelopment
Published by: ESI – European Stability Initiative
Keywords: Western Balkans; EU-enalrgement;
Summary/Abstract: Balkan enlargement was in crisis even before EU leaders failed to agree in 2019 on opening accession talks with North Macedonia and Albania. Unless there is a change in methodology and pace, no Western Balkan country is likely to be a member of the EU by 2030. || Carrying out the reforms needed to join the Single Market and to join the EU has been phenomenally beneficial for peripheral economies. Catching up is possible. North Macedonia today is at the level of development where Lithuania was in 1999. Serbia today is where Estonia was in 1999. Bosnia 2018 is the Romania of 1999. Countries can change. Enlargement policy can have a major impact. For this is must be credible, merit based and serious. It has happened before. It can happen again.

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