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The high outward mobility that has characterised the countries in the Western Balkan (WB) region over the past three decades is often seen as tightly linked to severe labour market imbalances and persistently low utilisation of human capital over time. To shed light on these issues, we estimate...
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positive association between democracy and economic growth is driven by endogenous democratization episodes (i.e., due to …This article challenges recent findings that democracy has sizable effects on economic growth. As extensive political … paper focuses on this endogeneity concern. Using a worldwide survey of 165 country-specific democracy experts conducted for …
Persistent link: https://www.econbiz.de/10011521223
Independently of the fact that the replacement of overtly authoritarian regimes in many African countries appeared to presage fundamental political change, a closer examination of democratic trends since the establishment of the African Union (AU) paints a less promising picture. In this paper,...
Persistent link: https://www.econbiz.de/10010496295
This paper examines the role of fiscal and monetary institutions in macroeconomic stability and budgetary control in CESEE (central, eastern and south eastern European) countries in comparison to other OECD countries. CESEE countries tend to grow faster (at least before the crisis) and have more...
Persistent link: https://www.econbiz.de/10008907726
DCFTAs apply more lenient conditionality to intra-regional cooperation. They subject non-tariff barriers to a more explicit … Western Balkan and the EaP countries. Economic shortcomings in the Western Balkan still need to be addressed. Conditionality … investment in the region is reinforced by geopolitical concerns about Chinese investments coming without EU-type conditionality …
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This paper pursues a scenario analysis to shed light on past and potential future labour supply and labour demand dynamics of different skill groups in the six Western Balkan countries (WB6). It differentiates between four educational levels (low, medium-general, medium-VET, and high) and looks...
Persistent link: https://www.econbiz.de/10012544925