Description
Book SynopsisIn the early '90s the Balkans was rocked by the collapse of communism and the violent break-up of Yugoslavia. But the last decade has seen a transformation of South-Eastern Europe into one of the most dynamic emerging markets in the world. This book explains how the political scene has moved from conflict to cooperation, and how the economic recovery has been driven by growing investment and trade opportunities. Also explained is how the region's economic prospects have been turned around in recent years, with strong growth between 2000 and 2008. The recent global economic crisis has adversely affected economic performance, but the downturn is likely to be temporary; the Balkan region is well placed to take advantage of a global recovery, whenever that takes place.
Trade ReviewA remarkable book...short, readable and full of insights. The authors bring unrivalled knowledge and understanding of the region to this project. -- Professor Willem Buiter, CBE; Chief Economist, Citigroup
This book is a welcome contribution by virtue of emphasizing regional long-term opportunities rather than dealing exclusively with regional problems. Providing a brief historical overview of the post-Second World War decades, the narrative focuses primarily on the transition of the above-mentioned countries from the one-party state and centrally planned economy to democracy and market economy. The authors' knowledge of the region is outstanding, and their analysis is comprehensive and lucid. -- Klejda Mulaj, University of Exeter, UK
