Global, Regional and Local Perspectives on the Economies of Southeastern Europe: Proceedings of the 11th International Conference on the Economies of the Balkan and Eastern European Countries (EBEEC) in Bucharest, Romania, 2019

369 Pages·2020·9.122 MB·English

by  Alexandra Horobe, Lucian Belascu, Persefoni Polychronidou, Anastasios Karasavvoglou

Springer Proceedings in Business and Economics
Alexandra Horobet
Lucian Belascu
Persefoni Polychronidou
Anastasios Karasavvoglou   Editors
Global, Regional and
Local Perspectives
on the Economies
of Southeastern Europe
Proceedings of the 11th International
Conference on the Economies
of the Balkan and Eastern European
Countries (EBEEC) in Bucharest,
Romania, 2019
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Alexandra Horobet Lucian Belascu
(cid:129) (cid:129)
Persefoni Polychronidou
(cid:129)
Anastasios Karasavvoglou
Editors
Global, Regional and Local
Perspectives
on the Economies
of Southeastern Europe
Proceedings of the 11th International
Conference on the Economies of the Balkan
and Eastern European Countries (EBEEC)
in Bucharest, Romania, 2019
123
Editors
Alexandra Horobet Lucian Belascu
Bucharest University of EconomicStudies Faculty of Economic Sciences
Bucharest, Romania Lucian BlagaUniversity of Sibiu
Sibiu,Romania
PersefoniPolychronidou
International Hellenic University Anastasios Karasavvoglou
Serres, Greece International Hellenic University
Kavala,Greece
ISSN 2198-7246 ISSN 2198-7254 (electronic)
SpringerProceedings in Business andEconomics
ISBN978-3-030-57952-4 ISBN978-3-030-57953-1 (eBook)
https://doi.org/10.1007/978-3-030-57953-1
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Preface
This volume consists of papers presented at the 11th International Conference
“Economies of the Balkan and Eastern European Countries”—EBEEC 2019. This
scientific event was organized in Bucharest, Romania, between May 11 and 13,
2020, by the International Hellenic University, Department of Accounting and
Finance (Kavala, Greece), The Bucharest University of Economic Studies—the
Faculty of International Business and Economics and the Center of Research in
International Business and Economics, and the Romanian Academy of Sciences,
through the Institute for Economic Forecasting and the Center for Financial and
Monetary Research “Victor Slavescu.” The EBEEC conference is a well-known
scientific event that offers academics and researchers the opportunity to present,
discussandvalidatetheirresearchresultsontheeconomicandfinancialchallenges
in Eastern Europe and the Balkans. The 2019 edition of the EBEEC conference
hosted the presentation of more than 120 papers with more than 150 authors from
16 countries from the region, but also from other European countries and all over
the world.
The proceedings of the EBEEC 2019 conference shed light on the microeco-
nomic and macroeconomic developments in the Eastern European and Balkan
countries, but also considering the broader regional and global factors that impact
these developments. As such, the papers included in the proceedings address
specific topics in business, finance, macroeconomics, government performance,
globalization, tourism, consumer analysis, cross-border cooperation, economic
integration, international trade, regional economics, higher education and health
care, along with the application of econometric models and machine learning
algorithms.
Wehavepreparedtheseproceedingswiththeaimofpresentingthereaderswith
a wealth of ideas and proposals for an improved understanding and further
development of private and public entities in the Eastern European region. At the
same time, thepapers includedintheproceedingsshow how thedecisions andthe
performance of the economic, social and political actors in the region are inter-
twined with the wider regional and global events and phenomena. Ultimately, the
researchresultspresentedheredemonstratethatEasternEuropeandtheBalkansisa
v
vi Preface
dynamicregionthathasencompassedmanychallengesinthepast,butisnowadays
evolving in the European economic integration framework and the global effer-
vescent economy.
Bucharest, Romania Alexandra Horobet
Sibiu, Romania Lucian Belascu
Serres, Greece Persefoni Polychronidou
Kavala, Greece Anastasios Karasavvoglou
About the Conference
The proceedings is one of the publications of the 11th International Conference
“EconomiesoftheBalkanandEasternEuropeanCountries”(EBEEC)—Bucharest,
May 2019, and offers readers a wealth of ideas on the economic development of
Eastern European and Balkan countries, understood in a regional and global
framework. The volume includes 23 papers selected from the papers presented at
the 11th EBEEC Conference.
Therewere161papersproposedforthe11thEBEECConference,ofwhich124
werepresentedattheconference.Aftertheconference,thepapersweredividedinto
two categories. The first category was formed of the papers to be published in the
Conference proceedings, while the second category included 11 papers to be
published as a Springer volume book. All the papers proposed for the proceedings
have been peer-reviewed and edited. The selection process was confidential and
careful.Theeditorsofthevolumehaveconsidered allpapersanddecidedtogether
ontheselectionofpaperstobeincluded.Thecriteriausedforincludingapaperin
the proceedings were the quality of research, the overall paper quality and the
contribution significance for the domain development.
The Easychair system was used for paper submission at the conference. The
system ensures the confidentiality and the transparency of all submission and
evaluation procedures. The authors were asked after the conference to submit
camera-ready versions of their papers that have been uploaded in the same
Easychair system. All the uploaded papers were included in the blind peer-review
processandreviewerspreparedtheirevaluationreportsonline.Theevaluationwas
formed of an overall assessment of the paper, reviewer’s recommendations for
paperimprovementandarecommendeddecision,onascalefrom“strongreject”to
“strong accept” (specifically, reviewers had to choose the following decisions:
reject, weak reject, borderline paper, weak accept, accept, strong accept). The
overall evaluation provided a detailed review of the paper, including scores’ rea-
soning.Reviewerswererequiredtoprovidebothascoreandareviewtext,aswell
as their level of expertise regarding the topic of the paper being reviewed: expert,
high, average, low and non-expert. All reviewers had at least an average level of
expertise in the reviewed fields.
vii
viii AbouttheConference
The number of papers evaluated with “weak reject” or “strong reject” is very
small.Theremainingpaperswereevaluatedwith“accept”and“strongaccept.”The
latterreviewsweresenttoauthors,andthefinaldecisionofacceptanceofapaperhas
been taken only after all concerns raised byreviewers were considered byauthors.
Next, the authors were asked by the volume editors to apply the Springer editorial
standardstobefoundatthefollowinglinks:https://www.springer.com/cda/content/
document/cda_downloaddocument/manuscript-guidelines-1.0.pdfandhttps://www.
springer.com/cda/content/document/cda_downloaddocument/Manuscript+Key+
Style+Points?SGWID=0-0-45-1410203-p175157688.
All the 23 papers proposed for the Springer proceedings were made ready for
publication according to the above-mentioned standards.
The Editors
Bucharest, Romania Alexandra Horobet
Sibiu, Romania Lucian Belascu
Serres, Greece Persefoni Polychronidou
Kavala, Greece Anastasios Karasavvoglou
Contents
The Publicly Declared Customs Union Between Albania and Kosovo
(1244 Security Council Resolution). . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
Victoria Pistikou
Building Resilience Through Cross-Border Cooperation Romania,
Moldova,andUkraine.AComparativeAnalysisBetweenEuroregions
“Upper Pruth” and “Lower Danube” . . . . . . . . . . . . . . . . . . . . . . . . . . 19
Anatolie Cărbune
David and Goliath: An Investigation Between Greece–Germany
Bilateral Trade for Agricultural Products . . . . . . . . . . . . . . . . . . . . . . . 33
Achilleas Kontogeorgos and Fotios Chatzitheodoridis
Tourism Destination Development, a Situation Analysis
of a Greek Region . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53
Eirini Triarchi, Paraskevi Pappa, and Efstratios Kypriotelis
The Core-Periphery Analysis as to Socioeconomic Characteristics:
The Case of Ankara. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75
Cigdem Varol and N. Aydan Sat
The Economic Integration Maturity of Romania and Bulgaria . . . . . . . 91
Oleg Tankovsky and Viktória Endrődi-Kovács
Supranational Class Formation and Concept of Control
in Global Economy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 105
Efstratios Kypriotelis, Eirini Triarchi, and Konstantinos Karamanis
Measuring Global Political Economy . . . . . . . . . . . . . . . . . . . . . . . . . . . 119
Spyros Roukanas
Examination of the Liquidity, Profitability and Indebtness Relations
for Polish Companies with Neural Networks . . . . . . . . . . . . . . . . . . . . . 135
Katerina Lyroudi
ix