Railway Connection between the Countries of Corridor VIII and the Oportunities of Trade Development

Abstract

During the recent decades the world has been faced the globalization more than ever. Countries have taken the form of a huge global village. Need to trade have increased efforts to meet customer needs. Trade between countries has become necessary to improve the infrastructure. Railway is one of the most economical means of transportation. To promote economic development, it is anticipated the construction of Corridor VIII connecting the Adriatic Sea to the Black Sea. This corridor is extended from Bari and Brindizi to Burgas and Varnas. Albania ëill serve as a connection point between west and East Europe. In this paper we will discuss the positive effects of the construction of the railway Corridor VIII in the development of trade between Italy, Albania, Macedonia, Bulgaria, Greece and Turkey. It will also identify opportunities for the development of these countries and will be treated as a barrier that may inhibit economic development.

DOI: 10.5901/mjss.2013.v4n11p418