The year 2023 is likely to bring congruence of events that may cause a “perfect storm” of breaking down security...
The year 2023 is likely to bring congruence of events that may cause a “perfect storm” of breaking down security of energy supply, fragile political stability in the Balkans and its unsustainable social contract. As the region grows fragmented from mid-1960’s till nowadays, very few economic forces remain in place that may cause such impact to entire region in the given moment of time. Cross border trade in goods and services is negligibly small. Countries trade more with the rest of the EU than among themselves. The terms of trade favor imports against exports. After 20 years of infrastructure development and integration efforts, with support of donors and creditors, despite small improvements; Logistic Performance Index (LPI) for the Balkan countries remains slightly over half of best performers such as Germany.
Since the beginning of the 21st century, the international community has faced numerous security challenges, including unstoppable waves of migration,više
Egypt’s geographical position has always made it a central player in the Middle East and Africa. As the Arab Spring uprisings in 2011 marked...više