“…Examples of the integration processes of the countries that are geographically close, e.g. the Benelux countries (Korauš et al, 2018), the Nordic countries (Stie & Trondal, 2020), the Baltic countries (Musiał & Šime, 2021), the Visegrad countries (Kajánek, 2022), which are in line with European values and the Schengen Agreement (Felbermayr et al, 2018) could be a good guide for successful regional cooperation in the Western Balkans. Regional initiatives could contribute to the socio-economic development of the Western Balkans.…”