"The countries of the Western Balkans - Albania, Bosnia and Herzegovina, Croatia, Macedonia, Montenegro, Serbia and the province of Kosovo - form a core European region. The region is known for its instability and recent history of wars and civil conflicts, but far less is known about the...

Introduction -- The conceptual framework -- Initial conditions and policy reforms -- Direction of structural changes -- Competitive dynamics -- Technological change -- Organizational change -- Evolution of public and private order institutions -- Conclusion.