Paper Title
Regional Investment Reform Agenda In The Western Balkans: Review And Policy Proposals

Abstract
The Berlin Process is an initiative to boost regional cooperation among the Western Balkans (WB6) countries and their European integration in four areas: trade, investment, mobility and digital integration. Investment is the major component expected to have a major impact on promotion of intern-regional investment and attract FDI into WB6. WB6 have a common interest to deal with shared impediments to foreign investment that should be removed in order to make the region more attractive to foreign investors and promote WB6 as a single investment destination. However, they also compete with one another to attract foreign direct investment (FDI), which makes it challenging for policymakers to reach agreements on harmonizing their investment promotion policies and cooperation. This policy research contributes to the ongoing debate of Berlin Process Agenda by providing policy advice to promote regional economic cooperation and boost investment. Our proposal is to identify key areas of common interest in order to encourage cooperation among WB6 and recommend solutions with common interest. Index Terms - Western Balkans, regional cooperation, FDI, SMEs.