The Study for mapping regional trade and investment potential in the Manufacturing

Lazarov, Darko (2024) The Study for mapping regional trade and investment potential in the Manufacturing. In: PIT Adria Regional Sumit. (Submitted)

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Abstract

The main aim of the analysis is to investigate the regional trade and Invesment potential in SEE region.
In order to fulfill the defined aim, we apply methodology based on two approaches: 1) qualitative and 2) quantitative.
The main conclusions based on the estimated results are:
1) Western Balkan countries have worst export performances compare with Visegrad countries including Croatia and Slovenia - 5 times lower export of goods and services per capita - 26 p.p lower relative share of export in GDP,
2) Western Balkan countries have unfavorable export structure compare with Visegrad countries including Croatia and Slovenia
- less diversified export (export of smaller number of products and to smaller number of markets/countries),
- lower export sophistication level (exporting products with - lower added value and level of complexity),
3) Increased intra-regional trade cooperation with high trade concentration.

The policy recommendations of the research are:
1) More focus to exporting sector and policies toward export structure upgrading and export diversification
2) Create more friendly conditions for regional trade integration:
- Support Trade facilitation process
- Support Digital trade and trade services
- Reduction of non-trade barriers
- Infrastructure connectivity
- Support institutions, organizations and events that promote the regional trade and business cooperation

Item Type:	Conference or Workshop Item (Other)
Subjects:	Social Sciences > Economics and business
Divisions:	Faculty of Economics
Depositing User:	Darko Lazarov
Date Deposited:	31 May 2024 11:03
Last Modified:	31 May 2024 11:03
URI:	https://eprints.ugd.edu.mk/id/eprint/34191

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