Factors Affecting The Economic Conditions Of The Balkan Countries

Since 1950 European Union (EU) was created it has promoted peace, prosperity and values among the member nations and its neighbouring countries. EU’s influential tools, has helped transform many European states into functioning democracies and prosperous countries. EU’s membership has grown from 6 to 28 countries (Enlargement, 2014), satisfying a historic vow to integrate the continent bringing in most states of Central and Eastern Europe (CEE) by peaceful ideals.EU has anticipated the enlargement as an extraordinary opportunity to endorse political strength and economic success in Europe. EU’s extension policy is open to any European state that fulfils the EU’s political and financial criteria for membership; still the political process of inclusion of new state requires a unanimous agreement from all the existing 28 member states. Europe is considered to be more flourishing and safer place due to the promotion of democracy, anti-corruption policy and the single market policy.

When identifying the presence of a democratic deficit in the European Union, it is important to consider a range of factors, including international treaties and the effect they had on its structured governmental framework. One of the first official agreements established by the European Union (formerly

At the end, subjective conclusions will be made about whether transition itself is worthwhile. Each reader is welcome to draw his or her own conclusions. Whether transition is worthwhile is a question that will be approached from the people’s point of view and it will rely on comparison between Bosnia’s economic performance and the living standard in the country before and during transition. It will also consider future estimates. Political events that affected the process of transition will be taken into consideration because of their enormous relevance. Hopefully, the conclusions will be unbiased and provide important considerations relevant to Bosnia’s future.

With the end of the Cold War fundamental changes had happened in the international relations. Having lost the imposed by the Soviet Union principles of managing a state and, essentially, the political ideology, countries needed to redefine their identities in order to fit into the world of Western democracies. The process of identity reconsideration entails the profound change in a state’s self-interests which in turn affects its behavior. ’ The changes of identities pulled into its orbit Poland, Germany, Hungary, Czechoslovakia, Bulgaria, Romania and Yugoslavia. These countries, as soon as the Soviet Union collapsed, commenced the process of integration with the European community. Their previous identities of pro-communist states changed

The immigration has many general advantages in the economy to make the private sector economy stronger and advanced, and first among these is a significant improvement in the economy a country, from both improving economic development to long term business. Critics often mention that the immigrants will have a negative effect on the economy. Claiming that migrants would destroy the labor markets and make the economy less productive and less developed. However, deeper study of the workforce reveals that the immigrants have a new thoughts, abilities, and skills capable of developing the country. Immigration promotes the quality of the labor force in a country. The number of people who relocate from their countries, particularly in Latin America and Asia is high. These individuals go to the United States or Europe where they are guaranteed jobs there, and these individuals go to the United States or Europe where they are guaranteed jobs there, whether it is high or low paying job depending on their level of education and background. In this way, the immigrants enable the country to help its workforce, especially in either highly skilled or very low paying work. The product standards in the country get higher,

The labor force of immigration is that the country can have multiple benefits, and first among these is a significant improvement in the economy a country, from both a transient financial point of view and in long haul business. Critics often mention the changes will create new a severe potential for their economy. These criticisms are often said that migrants would destroy the labor markets and make it less productive and less developed. However, deeper study of the increase in the workforce reveals that the immigrants have a new thoughts, abilities, and skills capable of developing the country. Migration promotes the workforce in a nation. The number of people who relocate from their countries, particularly in

According to the Central Intelligence Agency, located at the southern end of the Balkan Peninsula, including more than 2000 islands in the Aegean Sea and the Sea Ionic, with an area of 131,957 square kilometers and 11 million people, the European nation of Greece exists, with a political parliamentary republican structure established since 1974 (CIA, 2014). Furthermore, and relevant to this analysis, more than half of Greece’s economic industry is concentrated in the metropolitan area of the capital, Athens, with activities dedicated in its majority to agriculture and tourism, among others.

The focus of this paper is on post communist transition economies touched by the Euro Zone crisis. The negative influence it has made to economic dynamics was felt by everyone living in Central and Eastern Europe. Despite the actual collapse of some economies in Central and Eastern Europe, lower standards of living in parts of the region, protests and social anxiety, little attention was paid to the crisis and the recession in the post-communist countries that joined the European Union in 2004 and 2007. With their currencies, banking systems and economies on the verge of collapse of the Republic of the Baltic Sea, formerly known as "Baltic Tigers", were affected by the crisis in the form of the sharpest in the whole European Union. The deeper integration of these economies into the global market and full integration into the world economy (and the EU in particular) meant that these countries have become much more vulnerable to the crisis and recession. The foundations of the weakness were in the broad assimilation of neoliberal policies of the economies of Central and Eastern Europe, high dependence on investment and, in particular, in their specific exposure to the operation of international finance.

Legitimacy in the European Union”, JCMS, 40/4, 603-24. ] This concept of a “democratic deficit” first emerged in the draft treaty for the European Union which as we know led to the establishment of the Single European Act of 1986 whose main purpose was to “rectify the democratic deficit in the community decision making process”[ Zweifel, T, “Who without Sin Cast the First Stone: the EU”, p812-40, Democratic Deficit in Comparison.” 2002. Journal of European Public Policy]; already it is apparent the enormous debate around the European Union and a democratic deficit stretching as far back to 1986. Following the numerous unsuccessful attempts to harmonize the change in the Union’s structure, the democratic deficit argument really began to gain power and rumours of its collapse became more dominant than ever. This debate has deepened drastically over the past two or so decades, with scholarly commentators as well as members of the European public all in agreement that the European Union is in fact

A long term constant economic growth might only be facilitated if the vast possibilities of Kosovo are identified. The objective here ought to be

In the past, citizens held mostly absent minded opinions on European Union politics, but today there exists great polarization in attitudes about European integration. The apparent rise in “Euroskepticism” in the post-Maastricht Treaty political environment has been widely discussed and debated in EU scholarship, and marks a stark change from the elite dominated days bygone. EU issues have increasingly made their way into the politics of national governments, and subsequently national citizens have become more thoughtful in their critiques of European integration. In this paper, I will first discuss the three approaches to explain public opinion on EU integration. Second, I will explore the impact political parties and elections play in

The European Union (EU) is not a typical international organization. The mix of intergovernmental and supranational institutions makes the EU a unique, distinctive political, and economic system. As Europe has spiraled from one crisis to the next, difficult discussions haves arisen about how much more power should be delegated to Brussels. Even though the EU advocates for “ever closer union”, through increased integration, states are becoming hesitant to relinquish power to the EU. This is due to the fact that state sovereignty has become threatened; it is being compromised by a combination of the lack of effective democratic institutions and the loss of states have lost control of law-making to legislation power to EU institutions. Euroenthuthiasts argue that state sovereignty is enhanced, not threatened, by reallocating power to EU institutions. However, Eurosceptics dispute that too much control has seceded to the EU making is a threat to state sovereignty. My position aligns with Eurosceptics, for the EU has weakened state sovereignty do to increased centralization of power in EU institutions that lack legitimacy. The European Project has obtained a copious amount of jurisdiction from states and eroded a basic fundamental freedom of the modern state- sovereignty. Since the EU has with goals to deepen and widen integration it’s clear that forfeiting state sovereignty will only intensify. My essay will start with a brief history of the European Union and a short

Recently, the World Bank characterized the EU as a “Convergence machine” based on successive enlargements that leads to significant upward convergence in wealth between poorer and richer member states (Gill, Raiser 2012). We should therefore not be astonished that EU membership remains attractive to nearly all non-EU states within Europe. On the one hand, it is difficult to deny that EU enlargement promises benefits for everyone involved. For example, it brings most notably economic benefits but also political and social benefits. On the other hand, the EU’s ‘take-it-or-leave-it’ approach unnecessarily chases member states (hereinafter PMs) with accepting either the costs of being an outsider, or the costs of modifying their norms and values to fulfill with the EU. Of course, such external pressure is not regretful in all cases such as when minorities are being mistreated. However, PMs

Migration and development are linked very closely, migration has a strong impact on the living standards of vast numbers of people, and on the financial stability of developing countries. The technology, skills, and

Most of migrations from developing countries are those wealthy or skilled people, whose leaving results in brain drain and slow development of home countries. This contributes to a vicious circle for developing countries (low-income countries). On the other side, the advantaged social environment (rich opportunities, comparatively good political system, developed economy, better living conditions, etc) in developed countries attract talents from other areas, which contribute to brain grain, and finally forms a virtuous circle.