The economies in the Black Sea Region: how did they fare after the collapse of the Soviet Union?
Journal Title: Journal of European Economy - Year 2002, Vol 1, Issue 1
Abstract
Geographic terms are sometimes less clear than they seem at first sight. The term Europe, for example, may refer to different areas. The European soccer competition and the Euro Songfestival include participants from countries located outside Europe (such as Israel). Another example is Turkey, which is a candidate-member country of the European Union even though nearly all its territory is located on the Asian continent. Obviously, political, economic, and cultural borders may be quite different from geographic borders. This is also true with regard to the Black Sea region. Six countries border the Black Sea: Bulgaria, Romania, Ukraine, Russia, Georgia and Turkey. The Charter of the Black Sea Economic Cooperation (BSEC), however, has been signed by 11 member-states. In addition to the countries just mentioned, Albania, Armenia, Azerbaijan, Moldova, and Greece are members of the BSEC-pact. Furthermore, a number of countries have the status of observer at the BSEC, including Austria, France, Germany, Italy, Poland, and Tunisia. From October 1999, the BSEC itself has the status of observer at the United Nations because the General Assembly adopted a resolution to that effect.
Authors and Affiliations
M. Peter van der Hoek
Keywords
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