For countries in South East Europe, the impact of the recent global economic recession has challenged key assumptions about their crisis reaction capacity and transition trajectories. This is the central message of the studies presented in this volume. To trigger sustainable economic development and contribute to job creation, the policy priorities of governments, central banks and corporate entities should strengthen competitiveness, attract foreign direct investment, and lay the foundations for a more export-oriented growth agenda. This combination of policies could help unlock a virtuous circle of development and strengthen convergence dynamics with the EU, the latter being the most critical external anchor on the road to economic recovery in Southeast Europe.

 

Title From crisis to recovery: sustainable growth in South East Europe
Author Othon Anastasakis, Jens Bastian and Max Watson (eds.)
Edition South East European Studies at Oxford (SEESOX), 2011