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Economic relations between the Western Balkans and Non-EU countries: how the EU can respond to challenges concerning direct investment, trade and energy security
Wirtschaftliche Beziehungen zwischen dem Westbalkan und Nicht-EU-Ländern: wie die EU auf Herausforderungen bei Direktinvestitionen, Handelsaustausch und Energiesicherheit reagieren kann
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Stiftung Wissenschaft und Politik -SWP- Deutsches Institut für Internationale Politik und Sicherheit
Abstract The economic and financial crisis of 2008 disrupted the European Union's (EU) enlargement policy for the Western Balkans. At least since that time, the region has seen greater involvement by economic actors from non-EU countries such as China, Russia, Turkey and the United Arab Emirates (UAE). Their... view more
The economic and financial crisis of 2008 disrupted the European Union's (EU) enlargement policy for the Western Balkans. At least since that time, the region has seen greater involvement by economic actors from non-EU countries such as China, Russia, Turkey and the United Arab Emirates (UAE). Their engagement has been most evident in the areas of direct investment, trade and energy security. Investments from these countries can increase the risk of "corrosive capital", which could have a negative impact on the development of the rule of law and democracy in the Western Balkans. In view of a visibly intensifying rivalry between the EU on the one hand and Russia and China on the other, the question therefore arises as to how the EU can react to and strategically counteract the intensified economic interconnectedness of the Western Balkans with these actors. (author's abstract)... view less
Keywords
EU; China; Russia; Turkey; Southeastern Europe; economic relations; pressure-group politics; foreign policy; regulatory policy; economic policy; economic cooperation; international cooperation
Classification
International Relations, International Politics, Foreign Affairs, Development Policy
Free Keywords
Wirtschaftliche Initiative; Wirtschaftliche Interessen
Document language
English
Publication Year
2023
City
Berlin
Page/Pages
8 p.
Series
SWP Comment, 36/2023
DOI
https://doi.org/10.18449/2023C36
ISSN
2747-5107
Status
Published Version; reviewed
Licence
Deposit Licence - No Redistribution, No Modifications