Aleksandar Gajić 1
1Business College of Applied Studies, Ph.D. Radomir Bojković, Kruševac, Center for Strategic Studies of National Security – CESNA B, Belgrade, Serbia
Abstract
The Balkan countries as a whole exist with numerous energy resources that represent a significant segment of their social environment. The energetics of each creation in the current global context mark the first-rate basis of their international position. The countries of the observed region, especially the Western Balkans objectively have small oil and gas capacities as essential drivers of economic development. This space is characterized by the permanent presence and competition of great powers in accordance with their strategic interests. Current planetary conflicts, especially the war in Ukraine, produce negative social connotations with major crisis trends. It is evident that the countries of the region invest respectable financial resources in order to improve their energy infrastructure. Therefore, European integration projects and concrete foreign investments are necessary postulates of existence and long-term prosperity.
Keywords
Energy resources; Balkans; USA; Russia; European Union
Volume 7. No.2 (2023): April – (Social Sciences Session)
ISSN 2661-2666 (Online) International Scientific Journal Monte (ISJM)
ISSN 2661-264X (Print)
DOI : 10.33807/monte.20232832
DOI URL: https://doi.org/10.33807/monte.20232832
Full Text: PDF
This is an open-access article under the CC BY-NC-ND license (creativecommons.org/licenses/by-nc-nd/4.0/)