Abstract:
With the European flag, Germany is making great efforts to effect the Western Balkans’ internal integration, but obviously the resistance from the countries of the region is very strong. Finally, the Americans are preparing to convince Western Balkan leaders, with the “stick and carrot”, that their mutual integration in the region is not only beneficial for regional economic development but also for preserving world peace. Creating an economic or customs union would have multiple positive effects. The goal is to open a market of about twenty million people, which would vividly revive industry, commerce, agriculture, livestock, tourism, and so on. It would also greatly increase foreign investment. Above all, nations will have to come together in order to boost the region’s economic development, as well as regional peace and stability. Given the real conditions in the region, which are specific by their nature, the key questions arise – to what extent is this possible, what are the means and ways of achieving this, and in what dynamics is it likely to occur? To be able to give an appropriate answer to this complexity, we have primarily used the comparative analysis method, but also the method of critical review by several authors.
