Stabilizing and Integrating the Balkans : Economic Analysis of the Stability Pact, EU Reforms and International Organizations (American and European Economic and Political Studies) (2001. XII, 171 p. w. 6 figs. 24 cm)

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"Professor Paul Welfens offers a unique and timely approach to the major task of stabilizing and integrating the Balkans. His book is one of the first to assess in depth the progress of reconstruction and to evaluate the success of coordination on the part of various Western governments and international organizations. Professor Welfens sees an intimate connection, in the sense of equal responsibility, between internal reform, restructuring, and revitalization in the region and Western financing, ideas, and programs. Professor Welfens has coined the term \"networked approach\" to capture the strategy of Western cooperation among multiple actors, particularly through the mechanism of the Stability Pact for Southeastern Europe. In addition to demonstrating where the Stability Pact works well, he identifies problem areas, with respect to both inconsistencies in donor policies and coordination and significant structural variations among Balkan countries and entities. He also flags concerns about EU enlargement overstretch. This book has emerged from a bi-national, cross-disciplinary research project at the American Institute for Contemporary German Studies on \"Cooperation and Competition: American

The United States and Europe are facing new economic and political challenges in the 21st century. The series looks into technological, economic and political dynamics and tries to identify key problems for transatlantic cooperation and competition, including the field of the New Economy. Institutional reforms, structural changes, entrepreneurial developments and political shifts will be critically evaluated.

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