|Project Title||Reviving the Yugosphere|
|Project Summary||Assess top barriers to greater regional economic integration among the countries of former Yugoslavia – Bosnia and Herzegovina (BiH), Croatia, Montenegro, Macedonia, Serbia, Kosovo, and Slovenia.|
|Agency||Department of State|
|Number of Interns||1|
Despite politically complicated relations between former Yugoslav countries, increased regional cooperation on trade and commerce makes economic sense and is essential to the long-term development of each country in the region.
Interns will identify barriers to trade and economic integration, estimate the economic impact caused by the barriers, and estimate the cost and benefits of removing each barrier. The potential impact of increased trade among these countries is huge. According to the World Bank, if BiH could reach the same volume of trade with its neighbors as it had during the time of Yugoslavia, its exports would triple.
Participants will directly influence U.S. foreign policy by providing the Embassy Sarajevo economic team with data they need to have effective, convincing internal and external conversations at the highest levels of government about economic reform in the region. We will also share this information with our colleagues at other U.S. Embassies in the Balkans.
The final product will have three parts:
1. A one to two page paper that identifies top barriers to greater regional economic integration and cooperation on trade.
2. Data estimating how each barrier affects the region and the specific country to which it is applicable.
3. Projections for the cost and impact of removing each trade barrier.