Montenegro Achieving Sustainable and Inclusive Growth Amidst High Volatility : Systematic Country Diagnostic

This Systematic County Diagnostics is organized into six parts. The first part presents a brief overview of the country's recent socio-political and economic context. The second part examines the links between poverty, income distribution and economic growth, through the labor market, against the background of large changes in international capital flows and the unfinished structural reform agenda. The third part, examines the sustainability and vulnerability of the current growth model. The fourth part examines the structural constraints to sustainable and inclusive growth and poverty reduction, while the fifth part reviews the governance and the rule of law foundations. The assessment of each constraint is followed by a description of what the Government of Montenegro (GoM) is doing to address the issue. The sixth part examines priorities and opportunities