The Western Balkans region is projected to enter a recession in 2020 whose magnitude vitally depends on the duration of the COVID-19 (Coronavirus) outbreak in Europe. In the baseline scenario, the recession would be considerable, with growth in the region contracting by about 3 percent but with substantial differences by country based on economic structure and pre-crisis vulnerabilities. Assuming the COVID-19 (Coronavirus) outbreak is largely contained...
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DETAILS
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2020/04/29
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Report
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148085
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1
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1
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2020/04/30
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Disclosed
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The Economic and Social Impact of COVID-19 : Western Balkans Outlook
Citation
Kikoni,Edith; Schiffbauer,Marc Tobias.
The Economic and Social Impact of COVID-19 : Western Balkans Outlook (Bosnian). Western Balkans Regular Economic Report|no. 17 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/813881588251085457