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Deciphering the Greek Economic Diplomacy towards the Western Balkans: actors, processes, challenges
[monograph]
Abstract From the mid-1990s and for over a decade Greece developed a very important and
dynamic trade and investment relationship with most Western Balkan countries. The
economic crisis in 2009 broke this momentum and led to massive declines in both trade
and FDI. While trade transactions rebounded after ... view more
From the mid-1990s and for over a decade Greece developed a very important and
dynamic trade and investment relationship with most Western Balkan countries. The
economic crisis in 2009 broke this momentum and led to massive declines in both trade
and FDI. While trade transactions rebounded after 2016 and almost reached pre-crisis
levels, the decline of Greek FDI has shown no signs of recovering, its most definitive sign
being the departure of many Greek banks from the region.
The objective of this project is to delve into the intricacies of Greek economic diplomacy,
focusing on its conduct in the Western Balkan countries (Albania, Bosnia and
Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia) and exploring paths
that could improve economic and business practices in the region. It does so by mapping
out the multi-layered dimensions of Greek economic relations with the Western
Balkans, highlighting problems and challenges that have emerged over the years,
identifying key actors and stakeholders in the process, and making policy
recommendations based on an evaluation of all the above.... view less
Keywords
Greece; foreign policy; economic policy; international economic relations; commerce; foreign investment; direct investment; Southeastern Europe; Albania; Serbia; Kosovo; Bosnia and Herzegovina; Montenegro
Classification
International Relations, International Politics, Foreign Affairs, Development Policy
Economic Policy
National Economy
Free Keywords
economic diplomacy; Western Balkans; FDI; North Macedonia
Document language
English
Publication Year
2022
City
London
Page/Pages
101 p.
Series
GreeSE Paper - LSE Hellenic Observatory Papers on Greece and Southeast Europe, 169
Status
Published Version; peer reviewed