Western Balkan States in the Era of Transformations: European Choice and Russian Foreign Economic Interests

Abstract

The article addresses the process of European integration of 5 Western Balkan states: Albania, Bosnia and Herzegovina, Northern Macedonia, Montenegro and Serbia. After the demise of the socialism system and the collapse of Yugoslavia, all countries in the region began to more or less associate their future with the participation in the European integration project. The philosophy of "Yugoslavism" was replaced by the idea of European integration. However, achieving this goal was not easy. The region is a complex (from the perspective of ethno-confessional and territorial conflicts) space where the political and economic interests of large non-regional players intersect. These factors predetermined the varying degree of success of the Western Balkan states on their way to the EU. The article analyzes the political and economic factors affecting this process. The subject of the analysis is the evolution of the socio-economic models of the Western Balkan states, their foreign economic ties, participation in the international movement of capital, labor, as well as economic ties with Russia.