Chapter Ten
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have significantly strengthened and become more influential to the extent
that it is hard to ignore them? The keys to this and any other questions that
arise from this paper must be found today, or, more precisely–yesterday,
and must not be left for the distant future. We are faced with a choice
between an efficient and accountable set of rules based on the multilateral
order, or on the fragmentation of the global order into powerful
competitive regional blocks that impede their own particular interests.
Our analysis explicitly says that the process of unification of the world
has no alternative, that globalization is not stoppable nor is it substantially
endangered, and there is no “crisis of globalization.” On the other hand, it
is obvious that there are still no real answers to the spiraling crises, there is
no doubt that they will continue, and it is almost certain that we will
continue to face a “globalization of crises.”
For almost twenty years Serbia has defied the natural, spontaneous,
and logical flow of globalization in the Balkans. Its catastrophic economic,
political, and social position can be blamed on a misunderstanding of the
world megatrends, and, therefore, wrong political decisions. At the same
time, Serbia, through its actions, slowed down the overall process of
European integration and had a negative impact on the regional
development of the Balkans. A time is coming when these mistakes are
going to be corrected. By establishing the quality of the democratic order
and stable institutions through a process of harmonization with the EU, as
well as membership in the EU and other global organizations, the closure
of the “Balkan black hole” will become a reality and not just wishful
thinking. Serbia is making great efforts to get out of the vortex of
corruption, organized crime, and a tycoon economy, which it has inherited
over the last twenty-five years. However, it is important to emphasize that,
on that way, Serbia will need great support and understanding from the
European “family.” We are left to believe that this will occur in the short
term (5-10 years) in the interest of Serbia, the Balkans, and the whole
Europe.
Works Cited
Bagvati, J. U odbranu globalizacije. Belgrade: Službeni glasnik, 2008.
Bhagwati, J. In Defense of Globalization. London:Oxford University
Press, 2004.
Broz, J. L. “Congressional Voting on Funding the International Financial
Institutions.” Review of International Organizations 3 (2008): 351-
374.