Nina Vujanović


telephone: (+43-1) 533 66 10-86

Nina Vujanović is an economist at wiiw, researching topics on international trade, foreign direct investment, and the Balkans. She previously worked as an advisor to the Vice Governor at the Central bank of Montenegro, as a consultant at UNCTAD (Division on Investment and Enterprise) and a research fellow at the WTO (Economic Research and Statistic Division). She published papers in the area of foreign direct investment, productivity, innovation as well as credit risk. She holds a PhD in International Economics from Staffordshire University and Msc in Economic Policy from University College London.

Austria, Vienna

External Publications

Articles in refereed journals
  • 'FDI spillover effects on innovation activities of knowledge using and knowledge creating firms: Evidence from an emerging economy' (with Iraj Hashi, Mehtap Hisarciklilar, Slavo Radošević and Nebojša Stojčić), Elsevier, Technovation, Volume 118, 2022, In progress (December 2022)
  • 'Forecasting Global FDI: A Panel Data Approach' (with Richard Bolwijn and Bruno Casella), SSRN Transnational Corporations Journal, Vol. 28, No. 1, 18 August 2021, pp. 856-874
  • 'Technological Trends in the Manufacturing and Service Sectors. The Case of Montenegro', sciendo South East European Journal of Economics and Business, Volume 16, Issue 1, June 2021, pp. 120 - 133
  • 'FDI spillovers and firm productivity during crisis: Empirical evidence from transition economies' (with Iraj Hashi and Nebojša Stojčić), Elsevier Economic Systems, Volume 45, Issue 2, June 2021
  • 'Does market competition affect all banks equally? Empirical evidence on Montenegro' (with Nikola Fabris), sciendo Journal of Central Banking Theory and Practice, Volume 10, Issue 2, May 2021, pp. 87 - 107
  • 'The Impact of Financial Dollarization on Inflation Targeting: Empirical Evidence from Serbia' (with Nikola Fabris), sciendo Journal of Central Banking Theory and Practice, Volume 6, Issue 2, May 2017, pp. 23 - 43
Articles in books
  • 'Regional economic cooperation in the Western Balkans: Successes, failures, and new approaches' (with Richard Grieveson and Branimir Jovanović), Jahrbuch des Föderalismus 2022, Chapter 8, Nomos, Baden-Baden, 2022, pp. 458-470
  • 'The Regional Comprehensive Economic Partnership (RCEP) agreement and its economic implications' (with Robert Stehrer), in: Ernest Gnan, Christoph Schneider and Claudia Stowasser (eds), Schwerpunkt Außenwirtschaft 2021/2022, Reglobalisation: Changing patterns, Österreichische Nationalbank (OeNB), Wirtschaftskammer Österreich (WKO), 2022, pp 207-210
Shorter papers and comments
  • 'FIW-Spotlight: Entwicklung des Handels mit den RCEP-Staaten', Research Centre International Economics (FIW), FIW-Blog, 6 February 2023
Other working papers and discussion series
  • 'Procjena potencijalnog rasta ekonomije u Crnoj Gori primjenom metoda proizvodne funkcije i Kalman filtera (English: Estimation of potential growth of the economy in Montenegro using the methods of production function and Kalman filters)' (with Maja Ivanović), Centralna banka Crne Gore, CBCG, Radna studija, br. 31, Podgorica, 2022
  • 'The Regional Comprehensive Economic Partnership (RCEP) agreement: Economic implications for the EU27 and Austria' (with Robert Stehrer), FIW, No. 54, January 2022
  • 'Analysis of the COVID-19 Pandemic Impact on the Economy and Banking System of Montenegro' (with Maja Ivanović, Milica Kilibarda and Ana Vlahović), CBCG Central Bank of Montenegro, Working Paper, No. 29, 2021
  • 'Applying HP Filter in Loans and Deposits in Montenegro' (with Maja Ivanović), CBCG Central Bank of Montenegro, Working Paper, No. 25, 2016
  • 'Montenegro's Economy SWOT Analysis' (with Boris Kilibarda and Verica Miljić), CBCG Central Bank of Montenegro, Working Paper, No. 24, 2016

wiiw Publications

wiiw Forecast Reports
  • 'MONTENEGRO: Paralysed judicial system hampers EU integration progress', Bracing for the Winter, wiiw Forecast Report, No. Autumn 2022, Vienna, October 2022, pp. 113-116
  • 'MONTENEGRO: Mired in uncertainty', Overshadowed by War and Sanctions, wiiw Forecast Report, No. Spring 2022, Vienna, April 2022, pp. 91-94
wiiw Monthly Reports
  • 'Montenegro: Growing, despite instability', in: Vasily Astrov and Richard Grieveson (eds), Monthly Report No. 1/2023, wiiw Monthly Report, No. 1, Vienna, January 2023, p. 37
  • 'Montenegro: Inflation will weigh on growth', in: Vasily Astrov and Richard Grieveson (eds), Monthly Report No. 7-8/2022, wiiw Monthly Report, No. 7-8, Vienna, July-August 2022, p. 43
  • 'EU investment in China: past, present and ways ahead', in: Vasily Astrov (eds), Monthly Report No. 03/2022, wiiw Monthly Report, No. 3, Vienna, March 2022, pp. 20-27
  • 'Montenegro: Ambitious economic reform increases both optimism and the fiscal risks', in: Vasily Astrov (eds), Monthly Report No. 1/2022, wiiw Monthly Report, No. 1, Vienna, January 2022, p. 51
wiiw Working Papers
  • 'Who Learns More from Afar? Spatial Empirical Evidence on Manufacturing and Services', wiiw Working Paper, No. 224, Vienna, February 2023
  • 'What Drives Credit Risk? Empirical Evidence from Southeast Europe' (with Nikola Fabris), wiiw Working Paper, No. 214, Vienna, May 2022
  • 'FDI Spillover Effects on Innovation Activities of Knowledge-using and Knowledge-creating Firms: Evidence from an Emerging Economy' (with Iraj Hashi, Mehtap Hisarciklilar, Slavo Radošević and Nebojša Stojčić), wiiw Working Paper, No. 213, Vienna, March 2022
wiiw Policy Notes and Reports
  • 'Towards Effective Industrial Policy in the Western Balkans' (with Branimir Jovanović), wiiw Policy Note/Policy Report, No. 66, Vienna, February 2023
Other wiiw publications
  • 'Keeping friends closer: Why the EU should address new geoeconomic realities and get its neighbours back in the fold' (with Vasily Astrov, Richard Grieveson, Christian Hanelt, Branimir Jovanović, Artem Kochnev, Miriam Kosmehl, Isilda Mara, Markus Overdiek, Thieß Petersen, Olga Pindyuk, Oliver Reiter and Stefani Weiss), Joint Study , No. 2023-02, Vienna, February 2023