The Interbalkan Institute for Educational and Economic Development operated for almost 15 years (2004-2019) and had two main components.
The educational component of the institute displays itself in many facets. Our partnerships with U.S. colleges were an important part of a culture exchange that the institute was able to facilitate all these years. Students and faculty alike could bring their expertise to the area and share that with local communities. In the process, the cultural understanding will increase their knowledge base and enrich their experience as they come.
The economic component of the Institute worked to bring businesses and individuals together with a cross cultural perspective that allowed a wonderful exchange of ideas and insight. International business persons, generally from the United States, were called upon to share their time and experience in the areas in which they have thrived and with a basic curriculum, they were able to put such theory into a practical context.
Greece has a wonderful cultural heritage that enables it to have unique possibilities to share such a heritage. Economically, Greece has undergone a dramatic change over the past decade and continues to do so. The employment in the country primarily supports service sector jobs, while agriculture and manufacturing make up roughly 30% of existing employment opportunities. The need in Greece, and in the Balkans, is clarity of their comparative advantage. In Greece it is the need to adopt a more comprehensive strategy to maximize this service sector. Because of its long-standing membership in the European Union, Greece is able to act in the general interest of the Balkan region.
All these years, the Institute's primary objective was to assist local business leaders and organizations to achieve a higher level of productivity and competency in their field. .