Blerina Gjaci – Economics Department, Faculty of Economy, University of Tirana, Albania
Arjan Tushaj – Economics Department, Faculty of Economy, University of Tirana, Albania
Engjëll Pere – Economics Department, Faculty of Economy, University of Tirana, Albania
Albana Hashorva – Economics Department, Faculty of Economy, University of Tirana, Albania
Keywords:
Convergence;
Competitiveness;
Economic efficiency
Abstract: This paper investigated the economic cooperation amongst the Western Balkan countries referring to competitiveness and economic efficiency. Through this analysis, it would be able to respond if the competitiveness and economic efficiency amongst Western Balkan countries will support the convergence to the Common Regional Market. Western Balkan countries should encourage innovation and knowledge transfer to contribute to economic growth and promote the facilitation of the creation of an intra-regional single market in the medium term. A unified regional cooperation mechanism would likely be more efficient according to Western Balkan countries to converge towards the expected results – in order to accelerate them related to the European Union integration process. The results of this paper will demonstrate the evaluation of the Western Balkans initiative and the expectations for the future through static and dynamic analysis amongst countries using diverse indicators of competitiveness and economic efficiency.
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LIMEN Conference
9th International Scientific-Business Conference – LIMEN 2023 – Leadership, Innovation, Management and Economics: Integrated Politics of Research – CONFERENCE PROCEEDINGS, Hybrid (Graz University of Technology, Graz, Austria), December 7, 2023
LIMEN Conference Proceedings published by the Association of Economists and Managers of the Balkans, Belgrade, Serbia
LIMEN Conference 2023 Conference Proceedings: ISBN 978-86-80194-78-3, ISSN 2683-6149, DOI: https://doi.org/10.31410/LIMEN.2023
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Suggested citation
Gjaci, B., Tushaj, A., Pere, E., & Hashorva, A. (2023). Convergence of Competitiveness and Economic Efficiency Amongst Western Balkan Countries. In V. Bevanda (Ed.), International Scientific-Business Conference – LIMEN 2023: Vol 9. Conference Proceedings (pp. 131-139). Association of Economists and Managers of the Balkans. https://doi.org/10.31410/LIMEN.2023.131
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