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Boosting Job Growth in the Western Balkans

  • Dmitriy Kovtun
  • Alexis Mayer Cirkel
  • Zuzana Murgasova
  • Dustin Smith
  • Suchanan Tambunlertchai
Registered author(s):

    Labor markets in the Western Balkan countries (Albania, Bosnia and Herzegovina, Kosovo, Macedonia, Montenegro, and Serbia) are characterized by some of the highest unemployment and low employment rates in Europe. We analyze the poor labor market outcomes in these countries by comparison with the New Member States of the European Union and advanced European economies. Our findings suggest that long-lasting labor market weaknesses in the Western Balkans have structural roots: the institutional setup of the labor markets, labor cost factors, and especially the unfinished transition process. Finally, we offer policy recommendations for boosting job creation.

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    Paper provided by International Monetary Fund in its series IMF Working Papers with number 14/16.

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    Length: 30
    Date of creation: 28 Jan 2014
    Date of revision:
    Handle: RePEc:imf:imfwpa:14/16
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    8. Rafael Lalive, 2006. "How do Extended Benefits affect Unemployment Duration? A Regression Discontinuity Approach," IEW - Working Papers 294, Institute for Empirical Research in Economics - University of Zurich.
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