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Economic strategies for a thriving Danube Region

Author

Listed:
  • Zuzana Zavarská

    (The Vienna Institute for International Economic Studies, wiiw)

Abstract

This policy note explores key issues in the Danube Region, focusing on labour market dynamics, including the development of digital skills, foreign direct investment (FDI) with a particular emphasis on FDI in the IT sector, and the robotisation and automation of the region’s industries. Covering 14 countries—Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czechia, Germany, Hungary, Moldova, Montenegro, Romania, Serbia, Slovakia, Slovenia, and Ukraine—it outlines policy recommendations aimed at enhancing workforce readiness, attracting high-tech foreign investments, and ensuring the region's competitiveness in an increasingly digitalised and automated global economy.

Suggested Citation

  • Zuzana Zavarská, 2024. "Economic strategies for a thriving Danube Region," wiiw Policy Notes 84, The Vienna Institute for International Economic Studies, wiiw.
    • Handle: RePEc:wii:pnotes:pn:84
    as

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    File URL: https://wiiw.ac.at/economic-strategies-for-a-thriving-danube-region-dlp-7065.pdf
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    References listed on IDEAS

    as
    1. Manelici, Isabela & Pantea, Smaranda, 2021. "Industrial policy at work: Evidence from Romania’s income tax break for workers in IT," European Economic Review, Elsevier, vol. 133(C).
    2. Robert Stehrer & Roman Stöllinger, 2015. "The Central European Manufacturing Core: What is Driving Regional Production Sharing?," FIW Research Reports series VI-002, FIW.
    3. Stöllinger, Roman, 2021. "Testing the Smile Curve: Functional Specialisation and Value Creation in GVCs," Structural Change and Economic Dynamics, Elsevier, vol. 56(C), pages 93-116.
    4. repec:wsr:ecbook:2015:i:vi-002 is not listed on IDEAS
    5. Ram Mudambi, 2008. "Location, control and innovation in knowledge-intensive industries," Journal of Economic Geography, Oxford University Press, vol. 8(5), pages 699-725, September.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Danube Region; Austria; Bosnia and Herzegovina; Bulgaria; Croatia; Czechia; Germany; Hungary; Moldova; Montenegro; Romania; Serbia; Slovakia; Slovenia; Ukraine; Economic Policy; FDI; Digitalisation; Automation; Labour Market Dynamics; Regional Development;
    All these keywords.

    JEL classification:

    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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