Edited by Miroslav Antevski Dragana Mitrovic

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Institute for International Politics and Economics WESTERN BALKANS: FROM STABILIZATION TO INTEGRATION Edited by Miroslav Antevski Dragana Mitrovic Belgrade, 2012

CONTENTS I INTEGRATION EXPERIENCES Natalia Vladimiravna KULIKOVA European Integration and experience in catch-up development of CEE countries - new EU members: Lessens for emerging markets 9 Joachim BECKER and Rudy WEISSENBACHER Western Balkans: Peripheral Integration without stability? 31 Dusko DIMITRIJEVIC Process of integration of the Republic of Serbia with European Union 53 Ljubo JURCIC, Vlatka BILAS and Sanja FRANC The new EU members after seven years of membership 63 Damjela JACIMOVIC Modern role of the EU Parliament in the institutional system of the Union 80 Zaklina NOVICIC and Ivona LADEVAC European Union: Process of Simplified Treaty Amendment and Financial Stability Mechanism 95 Bogdan ILIC and Nebojsa PRACA Development of market economy institutions in transition countries of South East Europe 117 Dragan DUKANOVIC, Aleksandar JAZIC and Milica SLAVKOVIC The Western Balkans accession progress based on the EU Council Conclusions 141

6 Western Balkans: From Stabilization to Integration Dusica KARIC II BEYOND THE CRISIS The impact of global economic crisis on the process of European Integration of the Western Balkan countries 155 Overcoming financial crisis and the impact on the Integration process of Serbia and neighbouring countries 168 Natasa GOLUBOVIC and Tatjana STEFANOVIC Beyond the crisis: Financial Integration and further prospects of the EU accession of Western Balkan countries 182 Nicoleta SIRGHI and Ioana VÄDÄSAN The impact of economic crisis in Romania 208 Drazen KOSKI Economic crisis and banking sector: Croatian experiences 218 Jasmina OSMANKOVIC, Jasmin HOSO and Dzenan DONLAGIC Impact of global financial crisis on the Tondach Company 233 Goran NIKOLIC III TRADE AND DEVELOPMENT Economic and political importance of free trade area in Western Balkans 245 Vlatka BILAS and Sanja FRANC CEFTA: Perspectives and challenges of the future development 259 frewzkikerkova Reintegrating Western Balkans - CEFTA-2006 and the Macedonian experience 274 Sanja JELISAVAC TROSIC andmihaüo GAJIC Foreign exchange of Republic of Serbia with the Western Balkans in agricultural products 287

Western Balkans: From Stabilization to Integration 7 Pero PETROVIC and Andrijana MIRKOVIC Cross-border Cooperation, Euroregions in Serbia and their significance for regional development 301 Tajana BARBIC and Iva CONDIC JURKIC Fiscal, external and global determinants of Croatian government bond spreads 321 [jüyamzkonnd Innovation activities in the Western Balkans: A comparative analysis of relevant studies 333 Pero PETROVIC, Dobrica VESIC and Jelena PETROVIC The impact of human resources on economic growth and regional Integration 347 Sara STANIC and Miroslav ANTEVSKI Tourism as a cohesive and integrative factor 361 Hija MORIC The significance of IPA funds for rural tourism development in Montenegro 373 IV REGIONAL COOPERATION Jasmina OSMANKOVIC Bosnia and Herzegovina in regional Cooperation on Western Balkans 385 Mirjam RADOJICIC The civil society of the Western Balkans at the tum of the Millennium - in the Service of reconciliation recently warring nations or Interpretation of the causes of their conflicts? 395 Marko NIKOLIC and Ana JOVICIAZIC Contemporary relations of Serbian Ortodox (SOC) and Roman Catholic (ROC) Church 404 Vladimir TRAPARA Western Balkans and NATO: False promise of the long-term regional security 425

8 Western Balkans: From Stabilization to Integration Zeljko BJELAJAC Cyber crime and Internet pedophilia 437 ZvonimirIVANOVIC, Rade DRAGOVIC and Sergej ULJANOV Strategie regulation model on the high-tech crime vulnerable tatgets 456 Sergej ULJANOV and Vladimir UROSEVIC The role of regional Organization in combating cybercrime in the Western Balkans 468 Borislav DEKIC Western Balkans: Geographica! Overview 480