EU434      Half Unit
The Political Economy of Southeast Europe

This information is for the 2013/14 session.

Teacher responsible

Dr Vassilis Monastiriotis COW 2.05


This course is available on the MPA in European Public and Economic Policy, MPA in International Development, MPA in Public Policy and Management, MPA in Public and Economic Policy, MPA in Public and Social Policy, MSc in European Studies: Ideas and Identities, MSc in European Studies: Ideas and Identities (LSE and Sciences Po), MSc in Local Economic Development, MSc in Political Economy of Europe, MSc in Political Economy of Europe (LSE and Sciences Po), MSc in Politics and Government in the European Union, MSc in Politics and Government in the European Union (LSE and Sciences Po) and MSc in Urban Policy (LSE and Sciences Po). This course is not available as an outside option.


A basic understanding of economics is desirable but not necessary.

Course content

The course examines the processes of transition, regional cooperation and European association in the SEE region and draws on theories of regionalism, economic integration and transition to assess the extent and prospects of economic integration and development in Southeast Europe. It explores the production structures and capabilities the region; the country disparities in macro-economic performance; developments in trade, migration and investment flows in the region; the design and compatibility of national economic policies and institutions; the coordination of policies at the European and regional levels; and the structural problems of economic transition, integration and convergence. Attention is paid to Greece as the historical EU partner in SE Europe and, more recently, as a source of instability in the region. The course relates the above issues to the question of policy harmonisation and Europeanisation of the region, in relation to the current and future waves of enlargement of the EU.


10 hours of lectures and 15 hours of seminars in the MT. 1 hour and 30 minutes of seminars in the ST.

Formative coursework

One 1,500 word essay, a group presentation and various weekly in-class activities (briefing notes, multiple choice quizzes etc).

Indicative reading

Molle W. (2001) The Economics of European Integration: theory, practice, policy (4th edition), Ashgate; Petrakos G. and Totev S. (eds) (2001) The Development of the Balkan Region, Aldershot; Anastasakis O. and Bojicic-Dzelilovic V. (2002) Balkan Regional Cooperation and European Integration, Hellenic Observatory, LSE; Bartlett W. (2007) Europe's Troubled Region: Economic Development, Institutional Reform, and Social Welfare in the Western Balkans, Routledge; Monastiriotis V. (2008) EU Accession, Regional Cooperation and the need for a Balkan Development Strategy, GreeSE Paper No10, LSE.


Exam (100%, duration: 2 hours) in the main exam period.

Student performance results

(2009/10 - 2011/12 combined)

Classification % of students
Distinction 7.1
Merit 64.3
Pass 17.9
Fail 10.7

Key facts

Department: European Institute

Total students 2012/13: 25

Average class size 2012/13: 12

Value: Half Unit

Guidelines for interpreting course guide information

Personal development skills

  • Leadership
  • Self-management
  • Team working
  • Problem solving
  • Communication
  • Commercial awareness