The Key Challenges of Knowledge-based Economy Facing Some Countries of the Balkan Region (Greece, Bulgaria, Turkey)

Authors

Keywords
knowledge-based economy, education, innovations, information and communication technologies and institutions

Summary
This paper analyzes the progress of three Balkan countries – Greece, Bulgaria and Turkey, in building a knowledge-based economy. For this purpose we employ the Knowledge Assessment Methodology – KAM/ of the World Bank and, in particular, a system of indicators integrated into four supporting “pillars” – economic initiative and institutional environment, education, innovations, information and communication technologies.

Based on that, we compare the accomplishments of the respective countries, uncover the common ground and the differences between them, outline their weaknesses and comparative advantages, high-light their particular problems and lay down their potentials. All of this in the long run is intended to outline the key challenges of knowledge-based economy facing each of the three countries and the Balkan region at large.

JEL: O11,O33, O57
Pages: 33
DOI: 

More titles

  • A Research on Demographic Changes within Bulgaria in Regard to European Trends

    The purpose of this study is a research on demographic trends in Bulgaria with a view to finding places which may disappear from Bulgaria’s map and formulating economic polices of the country. The study gives an account of the influence of a set of factors influencing ageing and depopulation processes. Three contribution points may be marked. ...

  • After War: the Political Economy of Exporting Democracy. By Christopher J. Coyne. Stanford, CA: Stanford University Press, 2008

    Can liberal democracy be exported at gunpoint? Are military occupation and reconstruction effective methods for establishing permanent liberal democracies? While many international relations scholars have utilized the tools of economics (such as game theory) to help answer these questions, few economists have systematically attempted to provide an ...

  • Measurement and monitoring of student’s Personal qualification profile

    Among the priority management goals of any higher education institution are to obtain higher professional qualification and to enhance the possibilities for students’ professional realization. The discussions about the adequacy of the training which the graduates of economic higher education institutions receive are multilayer and they are ...