Event Title

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

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Oct 27th, 1:30 PM Oct 27th, 3:00 PM

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.