In the early '90s the Balkans was rocked by the collapse of communism and the violent break-up of Yugoslavia. But the last decade has seen a transformation of South-Eastern Europe into one of the most dynamic emerging markets in the world. This book explains how the political scene has moved from conflict to cooperation, and how the economic recovery has been driven by growing investment and trade opportunities. Also explained is how the region's economic prospects have been turned around in recent years, with strong growth between 2000 and 2008. The recent global economic crisis has adversely affected economic performance, but the downturn is likely to be temporary; the Balkan region is well placed to take advantage of a global recovery, whenever that takes place.
Christopher Cviic, OBE, has had an extensive career as a writer and broadcaster. He wrote for The Economist (1969-1990), and served at the European Bank for Reconstruction and Development (EBRD), 1999-2007. He is the author of 'Remaking the Balkans'. Peter Sanfey is a Lead Economist at the EBRD, where he analyses economic developments and reforms in South-Eastern Europe. He has a PhD in Economics from Yale and taught at the University of Kent.