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OECD Western Balkans Competitiveness Outlook 2024: Regional Profiles, Economy-specific profiles, Western Balkans Competitiveness Data Hub

Competitiveness and Private Sector Development

The “OECD Western Balkans Competitiveness Outlook 2024: Regional Profile” evaluates policy reforms in the Western Balkans across 15 critical areas to enhance their competitiveness. Inclusive and sustainable economic growth in the six Western Balkan economies depends on greater economic competitiveness. Although the gap is closing gradually, the standards of living in the region are well below those of the OECD and EU. Accelerating the rate of socio-economic convergence will require a holistic and growth oriented approach to policy making. This is the fourth study of the region (formerly under the title ‘Competitiveness in South East Europe’).

Findings are presented across five policy clusters

  • infrastructure and connectivity,
  • skills,
  • business environment,
  • digital transformation and
  • greening.

Western Balkans Competitiveness Outlook 2024: Regional Profile

Economy-specific profiles complement the regional assessment, offering each economy an in-depth analysis of their policies supporting competitiveness across 15 policy areas (Investment policy and promotion, Trade policy, Access to finance, Tax policy, State-owned enterprises, Anti-corruption policy, Education policy, Employment policy; Science, technology and innovation; Digital society, Transport policy, Energy policy, Environment policy, Agriculture policy). They also track the implementation of the previous 2021 study’s recommendations and provide additional ones tailored to the economies’ evolving challenges. These recommendations aim to inform structural economic reforms and facilitate the region’s socio-economic convergence towards the standards of the EU and OECD.

The reports provide recommendations at the national, regional and sector level to support countries in improving their investment climate, enhancing competitiveness and entrepreneurship, raising living standards and alleviating poverty.

For individual assessments, the sources are presented in the Western Balkans Competitiveness Data Hub.

The Competitiveness Data Hub helps the six Western Balkan economies assess and benchmark their state of economic reforms and policies key to competitiveness and formulate better policies in response.

https://westernbalkans-competitiveness.oecd.org

For more information, please refer to the source pages at the OECD: https://www.oecd-ilibrary.org/finance-and-investment/competitiveness-and-private-sector-development_20765762, ISSN: 20765762 (online) https://doi.org/10.1787/20765762

Website

https://www.oecd-ilibrary.org/finance-and-investment/competitiveness-and-private-sector-development_20765762

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