Book Description
In the early 1990s, the Balkans was rocked by the collapse of communism and the violent breakup of Yugoslavia. Yet the last decade has seen Southeastern Europe transform into one of the most dynamic emerging markets in the world. In Search of the Balkan Recovery tracks Yugoslavia's political evolution from conflict to cooperation and the role of growing investment and trade opportunities in facilitating this recovery. Cviic and Sanfey read the history of Yugoslavia's violent disintegration against similar events in Bulgaria, Romania, and Albania. They critically examine the involvement of the international community and contrast it against the procrastination of European leaders and the more constructive "soft power" approach of the European Union, among other institutions. They also trace the recovery of Balkan economic prospects in recent years and argue that, despite our current economic crisis, the downturn in the region's economic well-being is likely to be temporary.
