Evaluation of Convergence in Business Practice in Black Sea Economic Cooperation(BSEC) Member Countries, 2005-2010
Dr. Adrian S. PetrescuBrussels Belgium, April-May 2010Executive Summary
We have been conducting an analysis of progress and evolution in the Black SeaEconomic Cooperation (BSEC) area between 2004 and 2010. The full analysis hasconsidered recent geo-politico-economic and institutional developments in the region,within the BSEC Organization itself, the newly established BSEC-EU relationship andrelations with other BSEC Region centered related International Organizations or Initiatives. In this document herein however we only address in more detail issues pertaining to convergence in business practice in the BSEC member countries, as this isone of the most important goals of the cooperation established in 1991-1992 among theeleven countries.
This interim progress report is the first out of two consecutive progress reports and out of three reports in total, to include the final report. At this stage, this interim progress report presents the scope, background, methodology, primary, secondary and quantitative datasources collected, consulted and being used in the analysis, as well as a sample analysison some dimensions used in the evaluation, with respective interim conclusions. It alsoaddresses further evaluation research plans and deliverables, and includes references onthe variety of sources in use in the analysis.
Established in 1992 and comprising of eleven member states, the Black Sea EconomicCooperation Organization (followed shortly in 1993 by the establishment of itscomplementary BSEC Parliamentary Assembly) represented at the time for many actorsand analysts an ambitious and most welcomed initiative. Its goals and objectives wereimproving or simply maintaining stability and security in the Black Sea area, particularlythrough increased international cooperation in economic affairs between its members.Between 1992 and 2004 many things have changed in the international and regionalarena, and the BSEC region has been in much part at the core of some of these changes.While earlier reports found some significant progress in the establishment of aninstitutional framework, many and very diverse analysts of the region have concludedthat by far not as much functional progress as was hoped for in 1992 has been achieved.