The European Commission’s “NextGenerationEU” COVID-19 recovery package has underscored interest in the size of regional fiscal multipliers in Europe. While the objective of these funds is the long-term...
Bulgaria has followed sound macroeconomic policy in recent years and has weathered the Covid-19 economic crisis relatively well. The country embarked on a thorough transformation to a functioning market...
Bulgaria has followed sound macroeconomic policy in recent years and has weathered the Covid-19 economic crisis relatively well. The country embarked on a thorough transformation to a functioning market...
The COVID19 (coronavirus) pandemic and associated containment measures are expected to cause far-reaching damage to economies around the world. Firms are suffering from reduced demand due to movement restrictions...
In Spring 2020, Western Balkan countries - like most others in the world—have been forced to impose tight restrictions on economic life to contain the COVID-19 (Coronavirus) pandemic. In the first half...
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...
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...
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...
This Regular Economic Report (RER) covers the economic and social impact of COVID-19 in the Western Balkans' region: Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia.
This Regular Economic Report (RER) covers the economic and social impact of COVID-19 in the Western Balkans' region: Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia.
This Regular Economic Report (RER) covers the economic and social impact of COVID-19 in the Western Balkans' region: Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia.
This Regular Economic Report (RER) covers the economic and social impact of COVID-19 in the Western Balkans' region: Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia.
Serbia spends relatively large amounts on state aid programs, many of which will have to be phased out or restructured to comply with EU laws. There is room to restructure the existing programs to target...
Montenegro needs to boost economic growth if it is to achieve standards of living found in some neighboring countries. Living standards will only be improved by creating more productive, formal private...
In Spring 2020, Western Balkan countries - like most others in the world—have been forced to impose tight restrictions on economic life to contain the COVID-19 (Coronavirus) pandemic. In the first half...
In Spring 2020, Western Balkan countries - like most others in the world—have been forced to impose tight restrictions on economic life to contain the COVID-19 (Coronavirus) pandemic. In the first half...
Improving the efficiency and equity of public spending and strengthening revenue mobilization remains a priority in all Western Balkan countries. Public sector wage bills and pensions constitute the largest...
This paper uses a unique data set that captures the elimination of subnational regulatory barriers to firm entry and competition across 1,800 municipalities and matches it with establishment census panel...
This paper examines the patterns of growth of Poland, and its transition into high-income status over the past two decades from a macro and micro perspective. It benchmarks Polish performance with that...