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ECONOMICS OF TRANSITION IN SOUTH EAST EUROPE. Jože Mencinger, Franjo Štiblar. 1. Introduction (Mencinger). 1. 1 . Basic Macroeconomic Concepts 1. 1 .1. GDP: components, measurement problems, comparisons among countries 1. 1 .2. Economic growth 1. 1 .3. Internal and external stability
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ECONOMICS OF TRANSITION IN SOUTH EAST EUROPE Jože Mencinger, Franjo Štiblar
1. Introduction(Mencinger) • 1.1. Basic Macroeconomic Concepts • 1.1.1. GDP: components, measurement problems, comparisons among countries • 1.1.2. Economic growth • 1.1.3. Internal and external stability • 1.1.4. Economic Performance and Social Cohesion • 1.2. Determinants of economic system – ownership and macro-decision making • 1.3. Specific features and phases of economic, social, and political developments in SEE (Western Balkans) before 1990
2. Transition(Mencinger) • 2.1. Privatization • - complexities of privatization • - privatization models • - outcomes of privatization • 2.2. Macroeconomic stabilization • - assumptions and Washington agreement • - transformational depression • 2.3. Microeconomic restructuring • 2.4. A Case: Slovenia; Could SEE countries follow Slovenian experiences?
3. South East European countries(Štiblar) • 3.1. Historical background • 3.2. Theoretical background • 3.2.1. National Identities • 3.2.2. Theory of conflict solutions and application to Western Balkans • 3.2.3. Partition of countries as a solution • 3.3. The role of foreign stakeholders • 3.3.1. SEE – EU and CEE • 3.3.2. SEE – US • 3.3.3 SEE - international institutions
4. Current Situation in SEE(Štiblar) • 4.1. Political situation • 4.2. Economic situation • 4.2.1. Current economic situation and forecasts • 4.2.2. Macro economic policies • 4.2.3. Trade as a major instrument of cooperation • 4.2.4. Mezzo and micro economic situation and policies, business environment • 4.2.4.1. Financial sector (banking, insurance, capital markets) • 4.2.4.2. Real sector (manufacturing, transportation, construction, trade and tourism) • 4.2.4.3. External financial flows to the region: aid, loans, FDIs • 4.3. Demographic trends, social stability and social cohesion
5. Solutions(Štiblar) • 5.1. Visions and principles • 5.2. Recommendations: actions, activities, institutions