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Regional Industrial Policy in the Western Balkans: Neither Specialization nor Spatialization?

Slavka Zeković and Ana Perić

Eastern European Economics, 2024, vol. 62, issue 4, 479-504

Abstract: This paper analyzes post-socialist industrial development and policy in the Western Balkans through the lens of its regional specialization and spatial concentration. Against a conceptual framework revolving around place-based industrial policy, and using the Concentration index (modified Herfindahl-Hirschman index) and location coefficients (Balassa index), a comparative analysis over three decades (1990–2020) highlights weak regional diversification and intra-regional integration of industrial activity. The findings offer a new industrial policy that transcends regional specialization and spatial concentration to address regional development, planning and governance. The concluding remarks reveal some basic paths toward effective and pro-European regional industrial policy in the Western Balkans.

Date: 2024
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DOI: 10.1080/00128775.2023.2178936

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