Infrastructure Investment in the Western Balkans
By: Holzner, Mario.
Contributor(s): Stehrer, Robert
| Vidovic, Hermine.
Material type: 
BookSeries: wiiw Research Reports: 407Publisher: Wien : Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw), 2015Description: 43 S., 12 Tables and 28 Figures, 30cm.Subject(s): infrastructure | public investment | economic development | simulation model | Berlin Process | Western BalkansCountries covered: Albania | Bosnia and Herzegovina | Kosovo | North Macedonia | Montenegro | Serbiawiiw Research Areas: Macroeconomic Analysis and Policy | Labour, Migration and Income Distribution | International Trade, Competitiveness and FDIClassification: E27 | H54 | O18 Online resources: Click here to access online Summary: Summary
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.
| Item type | Current library | Call number | Status | Date due | Barcode | |
|---|---|---|---|---|---|---|
| Paper | WIIW Library | 5.600/407 (Browse shelf(Opens below)) | Available | 1000010003661 |
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Summary
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.
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