Economic strategies for a thriving Danube Region
wiiw Policy Note/Policy Report No. 84, November 2024
29 pages including 5 Tables and 16 Figures
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.
Reference to wiiw databases: wiiw Annual Database, wiiw FDI Database
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
JEL classification: O52, R58, F21, J24, O33
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