N. 19/01 by Mariateresa FIOCCA

MEDITERRANEAN AND BALKANS: TWO AREAS OF CRISIS AND OPPORTUNITIES

AT THE PERIPHERY OF THE EUROPEAN UNION

ABSTRACT

The paper examines, from a geo-economic point of view, the relevance for Europe and Italy of the Mediterranean and the Danubian-Balkan areas.

After the analysis of the most critical aspects of the initiatives involving the above regions - that is, the Euro-Mediterranean Partnership and the Stability Pact for South-Eastern Europe - the focus is posed on the main analogies and differences of the two areas from both the geopolitical and geo-economic perspectives. Some key factors are regarded to play a crucial role in the development and internationalization of both regions: good governance, anti-corruption policy, “state and institutions building”, rule of law, etc. Additionally, some policy evaluations are suggested aimed at enhancing the intervention of the international community within the two areas.

An assessment follows about the role, interests and perspectives of Italy in both areas, as well as its comparative advantages with respect to the other countries of the euro zone. From this respect, Italy may accomplish an important role of “bridge” between the two sides.