Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/204179 
Year of Publication: 
2015
Series/Report no.: 
wiiw Research Report No. 407
Publisher: 
The Vienna Institute for International Economic Studies (wiiw), Vienna
Abstract: 
Although a certain amount of catching-up in the Western Balkans has been recorded in the construction of transport infrastructure in recent years, the railway density remains low and the motorway density is even lower. Also, the deficiency in energy infrastructure is substantial. The current initiative of the 'Core Network and Priority Projects' in the context of the 'Berlin Process' should secure growth and employment in the region over the short and medium term and contribute to a substantial improvement of competitiveness of the Western Balkans in the long term. It is shown in the analysis that a comprehensive transport infrastructure investment package of EUR 7.7 billion over a period of 15 years could lead to an additional growth spurt of up to one percentage point per annum for the six Western Balkan countries. Some 200,000 new jobs could be created in the region.
Subjects: 
infrastructure
public investment
economic development
simulation model
Berlin Process
Western Balkans
JEL: 
E27
H54
O18
Document Type: 
Research Report

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