Brittle Recovery, South East Europe Regular Economic Report No. 6

72 Pages Posted: 30 May 2014 Last revised: 17 Jun 2014

See all articles by Zeljko Bogetic

Zeljko Bogetic

World Bank

Gallina Andronova Vincelette

The World Bank

Simon Davies

World Bank

Abebe Adugna

World Bank

Agim Demukaj

World Bank

Dorte Domeland

World Bank

Sandra Hlivnjak

World Bank - Economic Policy and Poverty Reduction

Anil Onal

World Bank

Lazar Sestovic

The World Bank

Sanja Madzarevic-Sujster

World Bank

Hilda Shijaku

Independent

Bojan Shimbov

World Bank

Mizuho Kida

World Bank

Wolfgang Fengler

World Bank

Suzana Petrovic

World Bank

Date Written: May 27, 2014

Abstract

The report reviews recent economic developments in Western Balkans (Albania, Bosnia and Herzegovina, Kosovo, FYR Macedonia, Montenegro, and Serbia), focusing on fiscal, external, financial sector, and labor market issues -- with a spotlight on youth unemployment -- and a short-term outlook for Western Balkans. It also discusses the challenge of income convergence with the EU.

Keywords: Macroeconomic policy, fiscal policy, financial crises, youth unemployment, Western Balkans

JEL Classification: E6, F4, H6, J6, O52

Suggested Citation

Bogetic, Zeljko and Vincelette, Gallina Andronova and Davies, Simon and Adugna, Abebe and Demukaj, Agim and Domeland, Dorte and Hlivnjak, Sandra and Onal, Anil and Sestovic, Lazar and Madzarevic-Sujster, Sanja and Shijaku, Hilda and Shimbov, Bojan and Kida, Mizuho and Fengler, Wolfgang and Petrovic, Suzana, Brittle Recovery, South East Europe Regular Economic Report No. 6 (May 27, 2014). Available at SSRN: https://ssrn.com/abstract=2442557 or http://dx.doi.org/10.2139/ssrn.2442557

Zeljko Bogetic

World Bank ( email )

1818 H Street, N.W.
Washington, DC 20433
United States

Gallina Andronova Vincelette (Contact Author)

The World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States
+1.202.473.0288 (Phone)

Simon Davies

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

Abebe Adugna

World Bank ( email )

1818 H Street, N.W.
Washington, DC 20433
United States

Agim Demukaj

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

Dorte Domeland

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

Sandra Hlivnjak

World Bank - Economic Policy and Poverty Reduction ( email )

1818 H Street, NW
Washington, DC 20433
United States

Anil Onal

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

Lazar Sestovic

The World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

Sanja Madzarevic-Sujster

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

Hilda Shijaku

Independent ( email )

No Address Available

Bojan Shimbov

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

Mizuho Kida

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

Wolfgang Fengler

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

Suzana Petrovic

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

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