Evropska unija u promenljivom ekonomskom okruženju
EUROPEAN UNION IN A CHANGING ECONOMIC ENVIRONMENT

Author(s): Marijana Maksimović, Valentina Ivanić
Subject(s): Politics / Political Sciences, Politics, Supranational / Global Economy, EU-Approach / EU-Accession / EU-Development, Geopolitics
Published by: Институт друштвених наука
Keywords: European Union; environment; innovation; human resources
Summary/Abstract: Since the fall of the Berlin Wall, which symbolized the Cold War and the Iron Curtain, on November 9, 1989. major changes took place within the European Union itself, but also in its surroundings. The beginning of the third phase of globalization is connected to that year, which led to the emergence of “a new world”. The mentioned changes led to the enlargement of the European Union. At the time new member states were received, the number of which later grew. EU Member States are a part of the Economic and Monetary Union (EMU); however, not all of them form part of the eurozone. The countries of the Western Balkans have gone through various crises, which are still ongoing, preventing them from joining a large European family. Although Serbia initially ought to join the EU in the early 1990s, and later in 2012, it is still uncertain whether it will succeed to become a full member in 2025. A more intensive process of joining began in the second decade of the 21st century and involves leading the accession to several levels of the EU. This paper used a comparative method and analysis of the situation in individual areas of member states, human resources, innovation and international economic relations. Thus, the integration of regional integration, such as the mentioned EU or SEE (Southeast European countries, or the often-used name of the Western Balkans) would enable the formation of a free trade zone, and thus the flow of FDI (foreign direct investment). Then, for example, the paper produced results that indicate a downward trend in the allocation of research and development companies, and accordingly, there will be no changes in the competitiveness model in SEE countries.

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