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Author: Dmitriy Kovtun
Publisher: International Monetary Fund
ISBN: 1484391039
Category : Business & Economics
Languages : en
Pages : 31
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Book Description
Labor markets in the Western Balkan countries (Albania, Bosnia and Herzegovina, Kosovo, Macedonia, Montenegro, and Serbia) are characterized by some of the highest unemployment and low employment rates in Europe. We analyze the poor labor market outcomes in these countries by comparison with the New Member States of the European Union and advanced European economies. Our findings suggest that long-lasting labor market weaknesses in the Western Balkans have structural roots: the institutional setup of the labor markets, labor cost factors, and especially the unfinished transition process. Finally, we offer policy recommendations for boosting job creation.
Author: Dmitriy Kovtun
Publisher: International Monetary Fund
ISBN: 1484391039
Category : Business & Economics
Languages : en
Pages : 31
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Book Description
Labor markets in the Western Balkan countries (Albania, Bosnia and Herzegovina, Kosovo, Macedonia, Montenegro, and Serbia) are characterized by some of the highest unemployment and low employment rates in Europe. We analyze the poor labor market outcomes in these countries by comparison with the New Member States of the European Union and advanced European economies. Our findings suggest that long-lasting labor market weaknesses in the Western Balkans have structural roots: the institutional setup of the labor markets, labor cost factors, and especially the unfinished transition process. Finally, we offer policy recommendations for boosting job creation.
Author: William Bartlett
Publisher: Springer Nature
ISBN: 3031061128
Category : Political Science
Languages : en
Pages : 394
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Book Description
The countries in the Western Balkans have been severely affected by the wars and conflicts that led to the breakup of former Yugoslavia, by political instability and the effort of creating new states, weak economies and high levels of unemployment, poverty and social exclusion, and inequality. As revealed by recent surveys, such as EBRD’s Life in Transition Survey and Eurofound’s European Quality of Life Survey, life satisfaction in the region is far below that elsewhere in Europe. In recent years they had achieved a strong impetus of economic growth with falling rates of unemployment and increasing optimism for the future. However, the COVID-19 pandemic of 2020 has brought about a sudden reversal of these trends and a renewed deterioration in the economic outlook, and an increase in social hardships that heralds a repeat of past failures in economic inclusion policies. This book identifies the key challenges in the areas of economic inclusion, focusing on the themes of labour markets, vocational education and skills, female entrepreneurship and the integration of migrants. It considers the opportunities for solutions to “build back better” once the recovery from the COVID-19 crisis begins, and offers proposals for more acceptable, equitable and effective economic inclusion policies.
Author: Will Bartlett
Publisher: Cambridge Scholars Publishing
ISBN: 1527558789
Category : Political Science
Languages : en
Pages : 309
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Book Description
This edited volume focuses on the challenges facing the Western Balkan countries in their efforts to deal with social exclusion and social inequality while making progress in their reform efforts to join the European Union. It examines how states have failed to offer adequate social protection to those excluded from labour markets, including women, young people, and Roma ethnic minorities, a process that has driven high rates of outward migration. It also provides a detailed introduction to the main conclusions of the various contributions gathered here, and an overview of the lessons learned, which will be of direct interest to policy makers and practitioners in the field of social cohesion in the Western Balkans. The chapters of this book are revised and updated versions of papers that were first presented at a conference of the LSEE Research Network on Social Cohesion held in Skopje in 2017, comprising the latest research by leading scholars from the region.
Author: Russell King
Publisher: Routledge
ISBN: 1000740455
Category : Law
Languages : en
Pages : 223
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Book Description
Migration in the Western Balkans rectifies the under-investigation by migration scholars of the Western Balkans region, by bringing together recent research at a time when migration is a hot topic for the future of Europe. The book explores issues such as the complex geopolitics of the region, the relationship between migration and development, diasporas, and refugees and humanitarianism. Expert contributors present new research on economic migration, forced migration, diaspora formation and return migration at a time when migration is of crucial relevance for the future of Europe. The chapters shed new light on the multiple migration dynamics of a region which has had a troubled past yet stands on the threshold of EU membership. As a theatre of multiple migration processes Migration in the Western Balkans reveals new information on the region, and will be of great interest to scholars of migration, the Balkans and geopolitics. The chapters were originally published as a special issue of the Journal of Balkan and Near Eastern Studies.
Author: Mr.Nadeem Ilahi
Publisher: International Monetary Fund
ISBN: 1498314910
Category : Business & Economics
Languages : en
Pages : 75
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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: OECD
Publisher: OECD Publishing
ISBN: 9264254471
Category :
Languages : en
Pages : 364
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Book Description
The SME Policy Index is a benchmarking tool designed for emerging economies to assess SME policy frameworks and monitor progress in policy implementation over time.
Author: Mr.Ruben V Atoyan
Publisher: International Monetary Fund
ISBN: 1484315561
Category : Business & Economics
Languages : en
Pages : 28
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Book Description
The Western Balkan countries have some of the lowest female labor force participation and employment rates across Europe. Almost two-thirds of working age women in the region are either inactive or unemployed: a huge bite into human capital for a region that endures high emigration and faces declining working age population. The paper uses both macro- and micro-level data to explore what explains low participation and employment rates among women in the region. Our findings show that improving educational attainment, having a more balanced family leave policy, and reducing tax wedge help improve participation of women in the labor force. However, these measures are not enough to notably improve employability of women, which require stronger growth supported by robust institutions.
Author: Zsoka Koczan
Publisher: International Monetary Fund
ISBN: 1475593503
Category : Business & Economics
Languages : en
Pages : 26
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Book Description
The boom and bust in capital flows to the New Member States of the European Union have received a considerable amount of attention; foreign direct investment and bank flows to the region and countries’ participation in regional supply chains have been well-documented. Relatively little has, however, been written about capital flows to the Western Balkans economies, which are often perceived to be ‘late arrivals’ to large capital flows. This paper aims to examine how capital flows to the Western Balkans compare with flows to the New Member States, in terms of levels as well as dynamics. We find that while financial integration took off somewhat later in the Western Balkans than in the New Member States, it has increased rapidly, despite still much lower capital account openness. Capital inflows as a share of GDP are comparable to those observed in the New Member States, (perhaps surprisingly) diverse in terms of source countries and broadly similar in composition, though with equity shares higher than they were in the New Member States at comparable levels of GDP per capita.
Author: Andreas Antoniades
Publisher: Routledge
ISBN: 0429619154
Category : Business & Economics
Languages : en
Pages : 209
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Book Description
This comprehensive volume explores debt dynamics and the intensification of debt crises across the globe, bringing together several recent but underexplored debt crises from different regional and socioeconomic contexts. Using detailed case studies, the authors recast the perils of debt-based growth in the context of regional/global imbalances; not to advocate ‘one-size-fits-all’ reforms, but to point to the need for accommodating diversity. They examine how current economic developments put developing and developed countries under new strain. They also interrogate the opportunities and challenges generated for developing countries by the new development finance landscape and newly (re)emerged geopolitical tensions. The book also explores the inability of existing dominant structures and thinking to effectively manage the multiple facets of the ongoing global debt crisis, pointing to responses that exacerbate rather than address unsustainable debt dynamics. The authors illustrate the adverse effects of ad hoc crisis management mechanisms which are not fit for purpose, and indicate the negative consequences that existing policies may have for democracy. They then put forward a framework for alternative thinking as well as concrete ideas on what needs to be done, in response. This book will be of great interest to students, scholars and professionals in the field of global debt studies. It was originally published as a special issue of the online journal Third World Thematics.
Author: A. Bennett
Publisher: Springer
ISBN: 1137488344
Category : Political Science
Languages : en
Pages : 139
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Book Description
This volume argues that a renewed commitment to sound macroeconomic policies and structural reforms is needed for countries in South East Europe, or 'the Balkans' achieve to sustainable prosperity, along with enhanced support from the international community. New fiscal and financial architecture has valuable lessons for policymakers in SEE.
