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Abstract: The concept of open borders between Western Balkan countries has gained a lot of traction in recent years. The idea gained traction after the leaders of Albania, North Macedonia, and Serbia agreed to begin implementing the "Mini Schengen" or "Open Balkans" plan, which includes opening the three nations' internal borders. In this thesis, we have analyzed the economic effects such a move will have on these three countries using already available data and studies done on Schengen Area countries. We used these studies and data to forecast the economy for the next few years if Albania, North Macedonia, and Serbia joined the Schengen or Mini Schengen in the years 2021-2025. We discovered that open borders would significantly benefit the economies, increase cooperation, and improve relations of these countries, as well as provide numerous economic opportunities for individuals and businesses.
Keywords: Albania, Serbia, North Macedonia, Western Balkans, Schengen, borders, economy
Published in DKUM: 17.11.2021; Views: 458; Downloads: 48
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