Trade Barriers and Exports between Western Balkan Countries

Jusufi, Gezim; Bellaqa, Bashkim

doi:10.2478/ngoe-2019-0021

Cited by 18 publications

(14 citation statements)

References 7 publications

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“…Moreover, export also plays an important role in stimulating the economic growth. The export level in N. Macedonia is around 12% of its GDP, while in Serbia it is 10%, in Bosnia and Herzegovina is around 6% and in Kosovo is the lowest, around 2% [9]. Hence, broadly speaking, export growth and economic growth are positively associated.…”

Section: Literature Reviewmentioning

confidence: 93%

The upcoming recession due to Covid 19 and its impact on economic growth and the digital transformation in the Balkan region

Mitreva

2021

JOE

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The Covid-19 pandemic has affected the economy across the globe and generated uncertainties in the functioning of the industries, governments and the daily life of people. The impact that this crisis has on poverty alleviation, the global GDP and the rapid development of the digitalization process are some of the factors that have reshaped the world. Hence, the way in which the companies and different sectors have operated is now in the past. The new economic condition requires quick adaptability to the new trends and fast implementation of digital solutions. Therefore, new strategies and more advanced practices are a necessity not only for the proper functioning of the businesses, but for the governments and the countries as well. The rapid shift towards the digital channels caught many businesses off guard. All these fast changes and the late transformation slowed down the economic growth, mostly in the countries that did not reacted immediately. Considering that the Balkan region tried to provide digitally enhanced offerings and maintain the economic growth during the pandemic, many people were laid off, many business sectors were affected and many companies were closed. All these transformations affected the economic development and stagnated the growth. Therefore, the aim of this paper is to evaluate what are the main factors that have affected the economic growth in the Balkan region and the reason that contributed to digital transformation of these countries.

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Section: Literature Reviewmentioning

confidence: 93%

The upcoming recession due to Covid 19 and its impact on economic growth and the digital transformation in the Balkan region

Mitreva

2021

JOE

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“…His findings affirmed that improving higher education has had a direct impact on economic growth, while secondary education is important for boosting investment. Jenkins (1995) 27 has researched the relationship between human capital and output. It used time-series data for the period 1971-1992 and tested the impact of labor qualification on economic performance.…”

Section: Gyimah-brempong Et Al (2006)mentioning

confidence: 99%

The Contribution of Higher Education to Economic Growth of Western Balkans: Evidence From Kosovo, Albania, North Macedonia, and Montenegro

Osmani

Jusufi

2022

iele

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This paper aims to explore the contribution and impact of higher education on the economic growth of the Western Balkan countries, with special emphasis on Kosovo, Albania, Montenegro, and North Macedonia. Hausman -Taylor IV model was used to derive statistical results, while the data used are panel data for the period 2000-2020. Bosnia and Herzegovina as well as Serbia were not included in the research because it was not possible to obtain the necessary data for these countries for the given period. The results obtained from this research provide evidence that higher education in these countries has a positive impact on economic growth, namely on the GDP growth of these countries. Some variables are significant and are positively related to the dependent variable, while others are negatively related to the dependent variable. This research is among the few research, or among the first researches that have elaborated on this problem for these countries which are still in political and economic transition. Therefore, it is of special importance for researchers in the field of European and regional integration, education, economics, justice, etc.

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“…These factors could negatively affect Turkey increasing its influential role in the Western Balkans. 31 Ekinci 32 states that in the long run, Turkey's influence in the Western Balkans region will depend heavily on the credibility it gains in this turbulent region.…”

Section: Relations Between Turkey and Western Balkan Countriesmentioning

confidence: 99%

Turkey’s Trade With Western Balkans: Looking Beyond the Turkish Foreign Policy

Jusufi

Ukaj

2021

iele

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In this paper, through the use of the model of trade gravity, the aim is to analyze the trade between Turkey and the countries of the Western Balkans, looking beyond Turkey's foreign policy. In Turkish foreign policy, trade with the region and investment in the region is of particular importance. Even economic-trade relations are among the main elements of Turkish foreign policy. The dependent variable represents Turkey's exports and imports to the Western Balkan countries for the period 2009-2019, while the independent variables are the GDP of Turkey and the Western Balkan countries, the distance between the capitals of Turkey and these countries, the number of the population of Turkey and these countries, the common language and colonial ties. Thus, through the Panel data for ten years period, the trade between Turkey and the Western Balkans has been analyzed. Turkey should make greater efforts to increase trade volume with the countries of the Western Balkans so that its interest in these countries does not remain only rhetoric but is concretized with adequate political and economic actions.

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Trade Barriers and Exports between Western Balkan Countries

Cited by 18 publications

References 7 publications

The upcoming recession due to Covid 19 and its impact on economic growth and the digital transformation in the Balkan region

The upcoming recession due to Covid 19 and its impact on economic growth and the digital transformation in the Balkan region

The Contribution of Higher Education to Economic Growth of Western Balkans: Evidence From Kosovo, Albania, North Macedonia, and Montenegro

Turkey’s Trade With Western Balkans: Looking Beyond the Turkish Foreign Policy

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