In the first three quarters of 2018, CSE’s combined exports to China totaled USD17.6bn, a record high and up by over 20 per cent y/y. But the region has been racking up a large trade deficit with the Asian nation.
The 2019 Economic Freedom Report by The Heritage Foundation shows that the world seems to be at a crossroads — it may continue on the path of economic freedom or it may return to hindered growth and development.
Against the background of deteriorating relations between the United States and China, the European Union's strong economic ties with the two countries pose a serious dilemma.
The clientelist principle by which family and friends of officials always get good state jobs once again excited the public. There are many cases of nepotism and corruption in the Southeast Europe.
Signing and implementation of the Central European Free Trade Agreement (cefta) by Bosnia and Herzegovina (BiH) has been marked by few setbacks, notably in area of agricultural products. Over 10 years later CEFTA still cause controversies.
The next year Poland will host an important event — the EU-Western Balkan summit. The goal is to provide some solutions to existing socio-economic problems and to further strengthen cooperation between Balkan states.
Fiscal policy in Bosnia and Herzegovina (BiH) is poorly coordinated with monetary policy, which doesn’t help the successful functioning of country's economy.
The Sarajevo International Airport currently holds 10th place in the SEE, as it has less than one million passengers annually and only 3,9 per cent of overall traffic in the region.
The Eastern European consulting market saw a solid year of growth in 2017, with every major country in the region — Poland, Romania, Czech Republic, Hungary, and Slovakia — expanding faster than the year before.
Could the financial turmoil afflicting Turkey slow the country’s investments in Serbia, Bosnia and Herzegovina, Macedonia, Albania and Kosovo? Some in the region believe so.