This essay will examine the geographical, structural, political and cultural elements that affect the West’s unfavourable evaluation norm towards the Balkans, a negative notion that eventually affects the region’s course to economic and political advancement. The combination, interaction and...

We examine the international stock market comovements between Western Europe vis-àvis Central (the Czech Republic, Hungary and Poland) and South Eastern Europe (Croatia, Macedonia and Serbia) using multivariate GARCH models in 2006-2011. Comparing these two groups, we find that the degree of...