Macedonia’s EU integration: Progress and challenges with economic reforms
Session
Political Science
Description
Developing countries aspiring to join the European Union (EU), beside the legal infrastructure framework, are also dealing with the preparation of their economic environment which can be considered as a challenge to meet the needed criteria of being part of the European common market. The Republic of Macedonia aims to join the EU and NATO, but its relatively small and weak economy faces a strong competition from those that have more rapid dynamics. Being part of a market with 500 million citizens implies a challenge, among others, to reach the standards, qualities and other requirements. The EU has already put in place a number of instruments and is offering its support to this small country to facilitate and speed up the necessary reforms. From a political point of view, an important achievement has been the recent consensus on the name of Macedonia, which for a long time became a subject of dispute with the neighboring Greece. This agreement is expected to ease the road of Macedonia towards the EU, especially from economic perspective by being able to have better access in relation to the EU and the other way around. The progress towards economic integration can be measured by the effect of the reforms introduced and implemented, which this paper aims to explore.
Keywords:
European common market, Republic of Macedonia, economic reforms, integration
Session Chair
Lulzim Peci
Session Co-Chair
Labinot Greiçevci & Ylber Sela
Proceedings Editor
Edmond Hajrizi
ISBN
978-9951-437-69-1
Location
Pristina, Kosovo
Start Date
27-10-2018 1:30 PM
End Date
27-10-2018 3:00 PM
DOI
10.33107/ubt-ic.2018.399
Recommended Citation
Matoshi, Ruzhdi, "Macedonia’s EU integration: Progress and challenges with economic reforms" (2018). UBT International Conference. 399.
https://knowledgecenter.ubt-uni.net/conference/2018/all-events/399
Macedonia’s EU integration: Progress and challenges with economic reforms
Pristina, Kosovo
Developing countries aspiring to join the European Union (EU), beside the legal infrastructure framework, are also dealing with the preparation of their economic environment which can be considered as a challenge to meet the needed criteria of being part of the European common market. The Republic of Macedonia aims to join the EU and NATO, but its relatively small and weak economy faces a strong competition from those that have more rapid dynamics. Being part of a market with 500 million citizens implies a challenge, among others, to reach the standards, qualities and other requirements. The EU has already put in place a number of instruments and is offering its support to this small country to facilitate and speed up the necessary reforms. From a political point of view, an important achievement has been the recent consensus on the name of Macedonia, which for a long time became a subject of dispute with the neighboring Greece. This agreement is expected to ease the road of Macedonia towards the EU, especially from economic perspective by being able to have better access in relation to the EU and the other way around. The progress towards economic integration can be measured by the effect of the reforms introduced and implemented, which this paper aims to explore.