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Public Infrastructure in the Western Balkans: Opportunities and Challenges
Author:
Mr. Ruben V Atoyan
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Ms. Dora Benedek
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Ezequiel Cabezon https://isni.org/isni/0000000404811396, International Monetary Fund

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Mr. Giuseppe Cipollone
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Mr. Jacques A Miniane
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Ms. Nhu Nguyen
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Mr. Martin Petri
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Mr. Jens Reinke
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Mr. James Roaf
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Series:
Departmental Papers
Volume/Issue:
Volume 2018: Issue 002
Language:
English
Publication Date:
07 Feb 2018
DOI:
https://doi.org/10.5089/9781484337189.087
ISBN:
9781484337189
ISSN:
2616-5333
Pages:
71
Keywords:
DPPP; DP; capital stock; crowding in; private sector; EU country; IMF staff calculation; infrastructure investment; single market; financial support; management framework; EU accession prospect; investment plan; country's investment attractiveness; investment goods; IFI financing; accession prospect; Infrastructure; Public investment and public-private partnerships (PPP); Public investment spending; Capital spending; Europe; Central and Eastern Europe; Global; Baltics; EU integration process
Legal-disclaimer:
The Departmental Paper Series presents research by IMF staff on issues of broad regional or cross-country interest. The views expressed in this paper are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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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.
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Cover Departmental Papers
Departmental Papers
ISSN:
2616-5333
Publisher:
International Monetary Fund