Economic Strategies for a thriving Danube Region – Policy Note

Client/Funding Institution

Austrian Economic Chamber

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.

Duration

April 2024 - November 2024

wiiw team Leader

Zuzana Zavarská

wiiw Staff

Corinna Covi, Mario Holzner

Publications

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

Countries covered: Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czechia, Germany, Hungary, Moldova, Montenegro, Romania, Serbia, Slovakia, Slovenia, Ukraine

Research Areas: Labour, Migration and Income Distribution, International Trade, Competitiveness and FDI, Regional Development

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