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This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Article
European Economic Integration and The Future of Southeastern European Countries
Author(s)
Karić Dušica, Miodrag Paspalj, Nebojša Pušara
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DOI:10.17265/1537-1506/2012.12.002
Affiliation(s)
Karić Dušica, Doctor of economic sciences, Dean of the Faculty of Trade and Banking, Alfa University.
Miodrag Paspalj, Doctor of economic sciences, Assistant Professor, Belgrade Business School.
Nebojša Pušara, Doctor of economic sciences, Assistant Professor, Belgrade Business School.
ABSTRACT
Over the last few years major changes have happened in the region of South-Eastern Europe. They have been significantly determined by the changes in international political relations, and that mirrors economic and political interests of some countries. With its 27 member countries and the population of almost half a billion people, the EU is a significant factor on the world scene. The aim of this paper is to point out that the future of Southeast European countries is, undoubtedly, within the frame of European integration. Moreover, it shows that the EU accomplishes a dominant role in the global economic area. That is also indicated by economic relations of the EU with the South-East European countries, with special regard to Serbia, as it is elaborated in this paper. This paper also examined and compared relations in terms of GDP in South-East European countries, as well as the highest import and export by sectors in relation Serbia—the EU. For the purpose of this research, the information from the world economic data base was used as the parameter of the research, and the information from the relevant financial institutions in Serbia. The main findings showed which countries in the South-Eastern Europe have the highest economic potential, which countries had positive GDP growth rate, the fact that Serbia had export growth of goods and services towards the EU and all the difficulties which followed that export. Finally, taking into consideration all the parameters, it can be concluded that the goal and future of South-East European countries is within the EU integration.
KEYWORDS
economic relations between the EU, countries with the greatest economic potential in the EU, the growth rate of GDP, the future of Southeast Europe
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