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

  • 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 ...

  • The Bulgarian Higher Education and the Economic Determinants of XXI Century

    The present treatment goes into some of the main changes which occur in economy in the conditions of globalization and their influence over the system of higher education. The higher education is taken in as a complex which has the leading role for increasing the quality of human capital. Investigated problem is interpreted on two levels. In the ...

  • 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 ...