Montenegro 2.0: The European Vision of Montenegro

Montenegro's path to European integration is fraught with historical complexities and contemporary challenges. The chapter begins by examining the country's tumultuous history, marked by continuous wars and conflicts, which have shaped its political and economic landscape. It highlights the importance of functional institutions, a free-market economy, and a robust education system as prerequisites for stability and prosperity. The text delves into the political instability that has plagued Montenegro, particularly since its independence in 2006, and the impact of external shocks such as the COVID-19 pandemic and the war in Ukraine. Economic freedom and foreign direct investments are explored as crucial indicators of the country's progress, with a focus on the need for political stability and security to attract and sustain economic growth. The chapter also discusses the concept of institutional branding, emphasizing the potential of Montenegro's eco-friendly and micro-state visions to enhance its attractiveness as an investment destination. Technological advancements, particularly blockchain, are presented as tools for achieving greater transparency, fighting corruption, and fostering economic and social development. The environmental dimension of Montenegro's EU accession is thoroughly analyzed, with a focus on the costs and benefits of implementing EU environmental legislation. The chapter argues for a green transition that prioritizes sustainability, resilience, and long-term economic benefits. It concludes with a vision for Montenegro 2.0, emphasizing the need for a well-educated, entrepreneurial, and ecologically conscious society. The text underscores the importance of mutual respect and strategic thinking in the future relations between Montenegro and the EU, highlighting the potential for Montenegro to become a competitive and sustainable economic powerhouse in the European market.