Economic convergence of Western Balkan countries to the European Union
DOI :
https://doi.org/10.60054/PEU.2022.9.132-140Ключови думи :
regional convergence, economic integration, Western Balkans, EU accessionАбстракт
Western Balkan countries are at various stages of their path towards future European Union membership. Formal accession procedures aside, in this paper we take a brief look at the economic convergence between them and the EU. We use several indicators to assess and compare the degree of real convergence of each country to the union, focusing on the level of GDP per capita and the production structures at the sector level. The results reveal a moderate convergence process, with some specifics by country, that paints a cautiously optimistic outlook regarding their future in the EU.
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