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The Western Balkans are a region with a substantial economic catch-up potential. Compared to other European economies these countries are either poor or very poor. Structural underdevelopment and low competitiveness impede the catch-up process. Mass unemployment and a huge trade deficit indicate...
Persistent link: https://www.econbiz.de/10012100223
The Belt and Road Initiative (BRI), a vision to revive the ancient 'Silk Road' by means of massive infrastructure investments throughout Eurasia and Africa, was first presented by China's President Xi Jinping in 2013. China has identified the region of Central East and Southeast Europe (CESEE)...
Persistent link: https://www.econbiz.de/10012100230
New Directions and Financial Constraints in Infrastructure Investment Investment in infrastructure is important to generating long-term productivity gains. The Western Balkans lack infrastructure capacity and investment – particularly in non-traditional sectors such as water, sewerage, waste,...
Persistent link: https://www.econbiz.de/10012100234
* The Recovery Fund recently proposed by the EU Commission marks a sea-change in European integration. Yet it will not be enough to meet the challenges Europe faces. There has been much public debate about financing, but little about the sort of concrete projects that the EU should be putting...
Persistent link: https://www.econbiz.de/10012272122
Research findings of the latest round of the wiiw-GDN project on development in the Balkans are surveyed. Historical and structural deficiencies of development in the Balkan countries are discussed in detail with emphasis of the role of investment, integration, and structural and policy...
Persistent link: https://www.econbiz.de/10012100224