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In recent years, the general economic recovery has finally fed through to a significant increase in real wages in the Western Balkan countries, Moldova and Ukraine. Nevertheless, wage shares have barely picked up, and have even declined slightly in several places. Only in Kosovo has significant...
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The economic recovery in CESEE has strengthened further in recent months, resulting in a number of additional upgrades to our growth forecasts for 2021, to 5.4% on the regional average. This good performance has been built on two important foundation stones: the adaptation of the CESEE economies...
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In this paper, the global simulation model (GSIM) by Francois and Hall (2003) for the analysis of global, regional and unilateral trade policy changes was applied to the countries of Southeast Europe in order to measure the costs of protection in the region. The model is a multiregion, imperfect...
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