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The evaluation of the Balkan countries results relative to establishing effective market competition
Radivojević Vladimir ORCID
Regionalni centar Ministarstva odbrane, Niš
Keywords: effective market competition; competitiveness; Serbia; the Balkan countries
Abstract
Intense competition among market participants is the foundation of a successful national economy in a globalized world. This is the reason why almost every country in contemporary business environment strives to realize the highest possible level of effective market competition. The aim of the paper is to evaluate the results of the Balkan countries in the process of establishing effective market competition and determine the existence of a correlation between the effective market competition and global competitiveness of those countries. The study is conducted by empolying comparative and correlation analyses. The research findings indicate that the Balkan countries, Serbia particularly, have achieved modest results in terms of establishing effective market competition in the previous period and stress the need for improving the key factors in this field in the future. The study may be beneficial to competition policy makers of the Balkan countries, but also researchers in the field of competition policy and national competitiveness.
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About

article language: English
document type: Review Paper
DOI: 10.5937/NPDUNP1802119R
published in SCIndeks: 22/11/2018
Creative Commons License 4.0

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