Whether EU integration could improve the export performance and speed up the growth process of the Macedonian economy?

Lazarov, Darko (2023) Whether EU integration could improve the export performance and speed up the growth process of the Macedonian economy? In: Научна конференција Забрзување на процесот на пристапување на Северна Македонија во ЕУ: клучни предизвици и приоритети, Skopje.

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Abstract

The question of whether EU integration can speed up the country’s development path and the convergence process toward the EU standard of living very often arises in
public and scientific circles nowadays. The answer to this question is not simple because it is determined by a set of complex processes, and it depends on the results of those processes. The potential economic benefits from EU integration for the country could include access to EU funds for technological modernization, transfer of knowledge and innovations, opportunities for deeper integration into EU supply chains, as well equal treatment for local companies in EU markets. However, these potential benefits depend on the capacity of academia, the private sector, and the local economy to absorb EU funds and use EU programs for competitiveness and innovation, on the capacity of export-oriented companies to penetrate EU markets, and the capacity of local firms to bridge the gap in EU supply chains and establish EU business networks.
The main objective of the paper is to investigate the export performance and economic integration of the SEE countries that are part of EU, and the WB6 countries that aspire to become EU members, with special focus on North Macedonia. To fulfill this objective, we apply panel regression and conduct comparative analysis for SEE and WB6
countries by using several indicators that measure export structure and export quality as important growth determinants.

Item Type: Conference or Workshop Item (Paper)
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Economics
Depositing User: Darko Lazarov
Date Deposited: 29 Jan 2024 13:45
Last Modified: 29 Jan 2024 13:45
URI: https://eprints.ugd.edu.mk/id/eprint/33184

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