1 COMPETITIVENESS, COMPETITIVENESS, TRADE REGIMES AND SPECIALISATION SPECIALISATION IN THE SOUTHEAST EUROPE Predrag Bjelić Professor of International Trade University of Belgrade Faculty of Economics

2 Competitiveness Source: World Economic Forum, Global Competitiveness Report , Davos, 2009, p.13

3 Sectors and products dominating the export of observed national economies Source: ITC

4 Regional Trade Integrations in Europe 1. European Union – EU (continental) 2. European Free Trade Association – EFTA 3. Central European Free Trade Agreement from 2006 – CEFTA 2006 Black Sea Economic Co-operation – BSEC Black Sea Economic Co-operation – BSEC (trans-continental) (trans-continental)

5 Trade regimes for SEE 1. CEFTA 2006 regime (subregional) 2. Common EU External Trade Regime (domminant, future) 3. WTO trade regime (international)

6 Intraregional CEFTA 2006 trade

7 West Balkan trade with EU EU share in West Balkan countries trade (%) EXPORT69,7 IMPORT66,3 TOTAL TRADE67,3 Source: EUROSTAT

8 West Balkan trade with EU mill. EUR Source: EUROSTAT

9 Serbia Trade

10 Strategic Trade Framework Global Competitiveness Global Competitiveness EU Trade Integration EU Trade Integration Trade Regimes Trade Regimes Restructuring of the Economies Restructuring of the Economies Investments Investments Business climate and work ethics Business climate and work ethics

11 Contact details Dr. Predrag Bjelić Faculty of Economics University of Belgrade Kamenička 6 THANK YOU FOR Beograd YOUR ATTENTION! Serbia t f m e.