Infrastructure Investment in the Western Balkans

Bericht

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: wiiw Research Report ; No. 407

Classification and Topics

• Classification: Wirtschaft ; Macroeconomics: Consumption, Saving, Production, Employment, and Investment: Forecasting and Simulation: Models and Applications ; National Government Expenditures and Related Policies: Infrastructures; Other Public Investment and Capital Stock ; Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
• Subject: infrastructure ; public investment ; economic development ; simulation model ; Berlin Process ; Western Balkans

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Holzner, Mario ; Stehrer, Robert ; Vidovic, Hermine
• Event: Veröffentlichung
• (who): The Vienna Institute for International Economic Studies (wiiw)
• (where): Vienna
• (when): 2015

Further information

• Handle: http://hdl.handle.net/10419/204179
• Last update: 10.03.2025, 11:43 AM CET