We study the stabilization of one spatial dimension in (p + 1 + 1)-dimensio
nal spacetime in the presence of p-dimensional brane(s), a bulk cosmologica
l constant and the Casimir force generated by a conformally coupled scalar
field. We find general static solutions to the metric which require the fin
e-tuning of the inter-brane distance and the bulk cosmological constant (le
aving the two brane tensions as free parameters) corresponding to a vanishi
ng effective cosmological constant and a constant radion field. Taking thes
e solutions as a background configuration, we perform a dimensional reducti
on and study the effective theory in the case of one- and two-brane configu
rations. We show that the radion field can have a positive mass squared, wh
ich corresponds to a stabilization of the extra dimension, only for a repul
sive nature of the Casimir force. This type of solution requires the presen
ce of a negative tension brane. The solutions with one or two positive tens
ion branes arising in this theory turn out to have negative radion mass squ
ared, and therefore are not stable.