Astrov, Vasily; Gligorov, Vladimir; Havlik, Peter; … - Wiener Institut für Internationale … - 2010
their external competitiveness - via devaluation and/or cuts in employment. On account of their solid industries, they … crisis. In the Western Balkans, significant employment cuts have so far been mostly averted, but they might well come to the …. Furthermore, as a consequence of the crisis, persistently low employment levels might result in human capital losses. The slower …