Lifting Growth in the Western Balkans PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Lifting Growth in the Western Balkans PDF full book. Access full book title Lifting Growth in the Western Balkans by Mr.Nadeem Ilahi. Download full books in PDF and EPUB format.
Author: Mr.Nadeem Ilahi Publisher: International Monetary Fund ISBN: 1513519166 Category : Business & Economics Languages : en Pages : 75
Book Description
In the past 25 years, exports have contributed strongly to growth and economic convergence in many small open economies. However, the Western Balkan (WB) region, consisting of small emerging market economies, has not fully availed itself of this driver of growth and convergence. A lack of openness, reliance on low value products, and weak competitiveness largely explain the insignificant role of trade and exports in the region’s economic performance. This paper focuses on how the countries in the WB could lift exports through stronger integration with global value chains (GVCs) and broadening of services exports. The experience of countries that joined the European Union in or after 2004 shows that participation in GVCs can help small economies accelerate export and income growth. WB countries are not well integrated into Europe’s vibrant GVCs. Trade within the region is also limited—it tends to be bilateral and not cluster-like. Our analysis shows that by improving infrastructure and labor skills and adopting trade policies that ensure investor protection and harmonize regulations and legal provisions, the region can greatly enhance its engagement with GVCs. Services exports are an increasingly important part of global trade, and they offer an untapped source of growth. The magnitude of services exports from the WB region compares favorably with that of peers in Europe, particularly in travel services where several of these countries have a revealed comparative advantage. But there is significant room for growth in tourism exports and an untapped potential in business and information technology services exports that these countries can materialize through policy efforts that increase openness and enhance connectivity and labor skills. Serbia offers a good example of how decisive efforts, including education policies to ensure a sustained supply of skilled labor, can help information technology services exports to take off.
Author: Mr.Nadeem Ilahi Publisher: International Monetary Fund ISBN: 1513519166 Category : Business & Economics Languages : en Pages : 75
Book Description
In the past 25 years, exports have contributed strongly to growth and economic convergence in many small open economies. However, the Western Balkan (WB) region, consisting of small emerging market economies, has not fully availed itself of this driver of growth and convergence. A lack of openness, reliance on low value products, and weak competitiveness largely explain the insignificant role of trade and exports in the region’s economic performance. This paper focuses on how the countries in the WB could lift exports through stronger integration with global value chains (GVCs) and broadening of services exports. The experience of countries that joined the European Union in or after 2004 shows that participation in GVCs can help small economies accelerate export and income growth. WB countries are not well integrated into Europe’s vibrant GVCs. Trade within the region is also limited—it tends to be bilateral and not cluster-like. Our analysis shows that by improving infrastructure and labor skills and adopting trade policies that ensure investor protection and harmonize regulations and legal provisions, the region can greatly enhance its engagement with GVCs. Services exports are an increasingly important part of global trade, and they offer an untapped source of growth. The magnitude of services exports from the WB region compares favorably with that of peers in Europe, particularly in travel services where several of these countries have a revealed comparative advantage. But there is significant room for growth in tourism exports and an untapped potential in business and information technology services exports that these countries can materialize through policy efforts that increase openness and enhance connectivity and labor skills. Serbia offers a good example of how decisive efforts, including education policies to ensure a sustained supply of skilled labor, can help information technology services exports to take off.
Author: Erblin Berisha Publisher: Springer Nature ISBN: 3030721248 Category : Business & Economics Languages : en Pages : 398
Book Description
This book offers a multifaceted overview of the evolution of spatial development, governance and planning in the Western Balkans from an institutionalist perspective. Written by experts in the field, it features various regional and national studies covering topics such as regional and spatial planning, territorial development and governance, and regional and cross-border cooperation in the Western Balkans. Offering a wealth of national, regional and local insights on territorial cooperation, development and planning, this book will appeal to scholars in regional and spatial sciences and related fields alike.
Author: Publisher: ISBN: Category : Albania Languages : en Pages : 104
Book Description
Recoge: Part A: Regional overview : 1. Sustained growth in the Western Balkans - 2. Economic growth and government - 3. Regulatory policies and economic growth in transition economies - 4. Export-led growth in South Eastern Europe?-- Part B: Country Analysis: -Albania - Bosnia and Herzegovina - Croatia --Former Yugoslav Republic of Macedonia - Montenegro -Serbia - Kosovo.
Author: Marco Zoppi Publisher: Springer Nature ISBN: 3030896285 Category : Political Science Languages : en Pages : 111
Book Description
This Brief provides a survey of key political, social, and economic issues affecting the Western Balkans region. Taking a two-pronged conceptual approach focusing on fragmentation and integration, the volume highlights commonalities and differences in a number of simultaneous dynamics currently characterizing the region: Europeanization and EU access, market integration, and migration and socio-demographic transformations. Stressing the interconnectedness of these issues, the volume synthesizes key questions for the future of the region, such as the relationship between socio-demographic trends and economic development, the effects of depopulation on further EU integration, and the economic and political repercussions of enhanced intra-regional trade. Explicitly interdisciplinary, this Brief will be useful for researchers and students specializing in the Balkans and Western Balkans, post-socialist countries, European affairs, enlargement, foreign policy, international relations, regional studies, economics, economic transition, and socio-demographics.
Author: OECD Publisher: OECD Publishing ISBN: 9264894802 Category : Languages : en Pages : 1064
Book Description
Small and medium-sized enterprises (SMEs) are essential drivers of sustainable economic growth in the Western Balkans and Turkey, where they make up 99% of all firms, generate 65% value added and account for 75% of employment. Nevertheless, SMEs across the region continue to face obstacles such as difficulties accessing financing, low levels of digital uptake, regulatory barriers and relatively low participation in international trade.
Author: OECD Publisher: OECD Publishing ISBN: 9264933778 Category : Languages : en Pages : 1871
Book Description
The future sustainable economic development and well-being of citizens in South East Europe depend on greater economic competitiveness. Reinforcing the region’s economic potential in a post-COVID-19 context requires a holistic, inclusive and growth‐oriented approach to policy making.
Author: Vitor Gaspar Publisher: International Monetary Fund ISBN: 1475547900 Category : Business & Economics Languages : en Pages : 548
Book Description
Two main themes of the book are that (1) politics can distort optimal fiscal policy through elections and through political fragmentation, and (2) rules and institutions can attenuate the negative effects of this dynamic. The book has three parts: part 1 (9 chapters) outlines the problems; part 2 (6 chapters) outlines how institutions and fiscal rules can offer solutions; and part 3 (4 chapters) discusses how multilevel governance frameworks can help.
Author: Luc Eyraud Publisher: International Monetary Fund ISBN: 1484350685 Category : Business & Economics Languages : en Pages : 132
Book Description
Fiscal rule frameworks have evolved significantly in response to the global financial crisis. Many countries have reformed their fiscal rules or introduced new ones with a view to enhancing the credibility of fiscal policy and providing a medium-term anchor. Enforcement and monitoring mechanisms have also been upgraded. However, these innovations have made the systems of rules more complicated to operate, while compliance has not improved. The SDN takes stock of past experiences, reviews recent reforms, and presents new research on the effectiveness of rules. It also proposes guiding principles for future reforms to strike a better balance between simplicity, flexibility, and enforceability. Read the blog
Author: World Bank Group Publisher: World Bank Publications ISBN: 1464814694 Category : Business & Economics Languages : en Pages : 561
Book Description
Global growth is projected to be slightly faster in 2020 than the post-crisis low registered last year. While growth could be stronger if reduced trade tensions lead to a sustained reduction in uncertainty, the balance of risks to the outlook is to the downside. Growth in emerging market and developing economies is also expected to remain subdued, continuing a decade of disappointing outcomes. A steep and widespread productivity growth slowdown has been underway in these economies since the global financial crisis, despite the largest, fastest, and most broad-based accumulation of debt since the 1970s. In addition, many emerging market and developing economies, including low-income countries, face the challenge of phasing out price controls that impose heavy fiscal cost and dampen investment. These circumstances add urgency to the need to implement measures to rebuild macroeconomic policy space and to undertake reforms to rekindle productivity growth. These efforts need to be supplemented by policies to promote inclusive and sustainable long-term growth and accelerate poverty alleviation. Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing countries, on a semiannual basis (in January and June). The January edition includes in-depth analyses of topical policy challenges faced by these economies, whereas the June edition contains shorter analytical pieces.
Author: Jolta Kacani Publisher: Springer Nature ISBN: 3030431894 Category : Technology & Engineering Languages : en Pages : 326
Book Description
This book reveals the hidden potential of emerging economies to become the new industrial hubs in existing global value chains. Pursuing a data-centric approach, it investigates the presence of foreign direct investment as an instrument for emerging economies to promote active participation in global value chains. This approach is based on time series analyses conducted at the national and industry level, and on datasets retrieved from international databases such as EORA, ICIO, and World Integrated Solutions. The outcomes of robust statistical models indicate that export-related innovations can improve trade openness and transform emerging economies into active players in global value chains. Researchers, developers, and professionals in the field will find a comprehensive and self-contained guide to the topic.
Author: Mr.Nadeem Ilahi
Author: Mr.Nadeem Ilahi
Author: Erblin Berisha
Author: 
Author: Marco Zoppi
Author: OECD
Author: OECD
Author: Vitor Gaspar
Author: Luc Eyraud
Author: World Bank Group
Author: Jolta Kacani