publication . Report . 2016

Improving Competitiveness in the Balkan Region – Opportunities and Limits

Gabrisch, Hubert; Hanzl-Weiss, Doris; Holzner, Mario; Landesmann, Michael; Pöschl, Johannes; Vidovic, Hermine;
Open Access English
  • Published: 01 Jan 2016
  • Publisher: Vienna: The Vienna Institute for International Economic Studies (wiiw)
Abstract
The aim of this study is to analyse the state of the competitiveness of seven Western Balkan economies and to suggest policy recommendations in order to increase their capacity to compete. Most countries from the Western Balkans have a persistent current account deficit of about 10% of GDP which indicates their substantial lack of competitiveness. Also their goods export share makes only about 20% of GDP while it is around 70% for the new EU member states in Central Europe. Contrary to their northern neighbours, the Western Balkan countries have specialised in low and low-medium tech industries and have only little higher-tech products e.g. from the machinery an...
Subjects
free text keywords: E24, E60, F10, F21, F22, F31, F32, H52, H54, I25, L14, O18, O24, competitiveness, economic policy, non-performing loans, capital inflow, real exchange rate, production networks, trade in goods, trade in services, foreign direct investment, labour market, migration, infrastructure, dual education, fiscal devaluation, Western Balkans, ddc:330
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Report . 2016
Provider: EconStor
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