Strengthening neighbourhood economic cooperation: Crucial factor for positive economic growth

Temjanovski, Riste (2011) Strengthening neighbourhood economic cooperation: Crucial factor for positive economic growth. In: Seventh International Scientific Conference of Young Scientists, 18th October 2011, Sofia, Bulgaria.

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Abstract

Recent decades have seen rapid growth of the world economy. This growth has been driven in part by the even faster rise in international trade. The growth in trade is in turn the result of both technological developments and concerted efforts to reduce trade barriers. Some developing countries have opened their own economies to take full advantage of the opportunities for economic development through trade. Transport is a key element in international trade. Advances in transport technology have extended the range of markets, enabled new methods of production, fostered specialization and strengthened social, political and economic ties between countries and major geographic areas. Our times are marked by important regional changes-economies and political, that set new specific requirement for the development of the transport systems. The integration processes within the European framework constitute one of the major international factors that directly influence the development of the transport infrastructure. An efficient and effective transport system is a key factor in the creation and operation of a common internal market in Europe and the ongoing development of the transport policy is central figure to its success. Efficient transport infrastructure is fundamental to achievement of freedom of movement across the EU, which is a primary, objective of EU policy. Corridors 8 is expected to be one of the impulses to generate economic development among countries of Western Balkans. In other hand they also play a main role in domain the Economic and Environmental Programs in this regional policy. These corridor would be assisted by the establishment of set of multilateral principles and encourage the transfer of passenger, goods and capital. Key words: economic development, inflow of capital, trade, external trade, trans-European transport network, transport policy, Corridor 8

Item Type: Conference or Workshop Item (Paper)
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Economics
Depositing User: Riste Temjanovski
Date Deposited: 05 Nov 2012 11:48
Last Modified: 19 Nov 2012 14:53
URI: http://eprints.ugd.edu.mk/id/eprint/384

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