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The Balkans : Foreign Direct Investment and EU Accession - Aristidis Bitzenis

The Balkans

Foreign Direct Investment and EU Accession

By: Aristidis Bitzenis

Hardcover | 7 August 2009 | Edition Number 1

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The fall of communism and developments since have put a renewed spotlight on the potential of the Balkan economies. Bulgaria, Albania, Serbia & Montenegro, Romania and FROM are countries which have not yet been properly studied. As well as being relatively neglected by scholars these economies are of particular interest because they pose some unusually difficult problems. The economic environment in the region has not proved especially attractive to business, and the poor political leadership in most of the countries has delayed much needed reforms. However, there are now signs of improvement and this makes this book timely. This books demonstrates that these countries must engage as fully as possible with the world economy (globalisation, EU integration), otherwise they will not escape their present poverty. At the same time, the book explores the implications of the following specific characteristics of these countries: geographical distance from the Western markets, cultural distance from the West, previous dependence on the ex -Soviet Union, previous dependence on the CMEA trade organisation through to its collapse, adverse initial conditions, and political instability and/or weak government which has made the transition process more difficult.
Industry Reviews
'This book by Aristidis Bitzenis ably guides the reader through a very complex story, focusing on the key roles played by Foreign Direct Investment and steps towards EU accession in setting the Balkans on a more positive development path.' Paul Hare, Heriot-Watt University, UK '...essential reading for international experts and observers to comprehend aspects of the Balkan Peninsula. Aristidis Bitzenis is perhaps the best I have ever read at performing this crucial analysis...' Bruno S. Sergi, University of Messina, Italy '...a necessary tool of study for students, academics and business professionals interested in international development in the Balkans...It is easy? reading without diminishing the academic credentials of the book. I wholeheartedly recommend this book.' John Marangos, Colorado State University, USA

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