Munich Personal RePEc Archive

2008 Crises in Economies of Balkan Countries

Paunić, Alida (2015): 2008 Crises in Economies of Balkan Countries.

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Abstract

Balkan countries, block of Albania, Serbia, Bosnia, Bulgaria, Romania, Montenegro, Macedonia have somewhat specific path toward future economic growth . Although some of them are part of EU community ( Bulgaria Romania ) and they have experienced the highest GDP growth rate 2014/2000 , significant number of countries still wait to become member of EU and to be able to further form a bridge toward Asia, Middle East, Africa. Ways to make further progress in such a heterogeneous environment, consequences of 2008 crises and ways how to incorporate predictions in GDP reasoning are some of points that this paper tackles.

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