Economic Dynamics: Hungary and the Western Balkans

Erokhin, D. (2024). Economic Dynamics: Hungary and the Western Balkans. In: Hungary in/and the Western Balkans. Eds. Ármás, J. & Németh, F., pp. 101-130 Budapest: Hungarian Institute of International Affairs. 10.47706/KKIFPR.2024.1.101-130.

Preview

Text mki_FPR_2024_1_teljes_online.pdf - Published Version Available under License All Rights Reserved. Download (5MB) | Preview

Abstract

The paper provides a comprehensive analysis of the economic relations between Hungary and the Western Balkans, focusing on investments, trade, and cooperation agreements. The study utilizes data from various reliable sources, including Magyar Nemzeti Bank (Hungarian Central Bank), the World Bank, the World Trade Organization, and the United Nations Conference on Trade and Development. The analysis encompasses foreign direct investment stocks, trade volumes, trade composition, and the impact of bilateral investment treaties and double tax treaties. The findings reveal fluctuating patterns in FDI volumes and trade volumes between Hungary and the Western Balkan countries. The research highlights the significance of economic cooperation between Hungary and the Western Balkans, emphasizing the potential for mutual growth and development. It also underscores the challenges and disparities in economic relations, pointing to the need for targeted strategies and collaborative efforts to enhance trade, investment, and economic cooperation. The study provides a nuanced understanding of the current state of economic relations, offering insights for theoretical, methodological, and managerial implications, and contributing to the broader context of regional economic dynamics

Actions (login required)

View Item