Abstract:
Balkan countries have been rapidly changing since 1990's. In spite of some Balkancountries (such as Turkey and Greece) were relatively stable in 1990s, there was warin Serbia, Montenegro, Croatia, Bosnia-Herzegovina, and Macedonia. Some formersocialist countries (Bulgaria, Slovenia and Romania) and Greece became full memberof EU, after the rugged process. The others have been struggling for this aim. In this process, all Balkan countries have some political, economic and social challenges. The aim of this paper is to investigate whether or not economic convergence among Balkan countries in the process of European Integration in the period of 1997-2007. Totest convergence, we use approach of Barro and Sala-i Martin. Our study indicates that there is no convergence among Balkan countries in the process of European Integration in the period of 1997-2007.
