Public Infrastructure in the Western Balkans: Opportunities and Challenges

Author/Editor:

Ruben V Atoyan ; Dora Benedek ; Ezequiel Cabezon ; Giuseppe Cipollone ; Jacques A Miniane ; Nhu Nguyen ; Martin Petri ; Jens Reinke ; James Roaf

Publication Date:

February 7, 2018

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Disclaimer: The views expressed herein are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary:

An assessment of public infrastructure development in the Western Balkans. The paper quantifies the large gaps across various sectors/dimensions, evaluates current infrastructure plans, and discusses funding options available to countries in the region. The paper also identifies important bottlenecks for increased infrastructure investment. Finally, the paper quantifies potential growth benefits from addressing infrastructure gaps, concluding that boosting the quantity and quality of infrastructure is vital for raising economic growth and accelerating income convergence with the EU. The paper concludes with country-specific policy recommendations.

Series:

Departmental Paper No. 2018/002

Subject:

English

Publication Date:

February 7, 2018

ISBN/ISSN:

9781484337189/2616-5333

Stock No:

PIWBEA

Pages:

71

Please address any questions about this title to publications@imf.org