Falling Behind and Catching Up in Southeast Europe (GDN)

Client/Funding Institution

Oesterreichische Nationalbank/Jubilee Fund


Southeast Europe holds a long record of being one of Europe’s least developed regions. Sporadic growth spurts are regularly followed by strong fall-backs. Neither firms, nor banks or states were able to make broad industrialization happen in a sustainable way. The proposed research analysed the determinants and effects of backwardness in Southeast Europe. The analysis included inter alia issues of long-run development, industrialization, infrastructure, the role of cities, migration, state building and financial crisis. The results yielded important policy recommendations.


January 2014 - July 2016

wiiw team Leader

Robert Stehrer

wiiw Staff

Vladimir Gligorov, Veronika Janyrova, Isilda Mara, Mario Holzner, Sandra M. Leitner, Roman Römisch

External Publications

The papers produced within the GDN project will be published in the wiiw Balkan Observatory http://balkan-observatory.net/

Keywords: labour market, migration, economic policy, european integration, macroeconomic analysis, industrial organisation, manufacturing, regional development

Countries covered: Albania, Balkan States, Bosnia and Herzegovina, Kosovo, SEE, Serbia, Macedonia, Montenegro, Turkey

Research Areas: Labour, Migration and Income Distribution, Macroeconomic Analysis and Policy, Regional Development, Sectoral studies