South East Europe Regular Economic Report, No. 8, Fall 2015 : Growth Recovers, Risks Heighten
Economic activity in the six South East European countries (SEE6) is picking up speed, and growth in the region is expected to average 1.8 percent for 2015. The highest growth rates projected are 3.4 percent for Montenegro and 3.2 percent for FYR Macedonia; the lowest is Serbia’s 0.5 percent....
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| Format: | Report |
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World Bank, Washington, DC
2016
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| Online Access: | http://documents.worldbank.org/curated/en/2015/09/25763111/growth-recovers-risks-heighten http://hdl.handle.net/10986/23684 |
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okr-10986-236842021-04-23T14:04:16Z South East Europe Regular Economic Report, No. 8, Fall 2015 : Growth Recovers, Risks Heighten World Bank Group LIVING STANDARDS TOTAL REVENUE MONETARY POLICY DEFICIT RISKS UNEMPLOYMENT RATES GOVERNMENT EXPENDITURES ECONOMIC GROWTH DEPOSITS PRODUCTION EXCISE TAXES LAGS ADVERSE IMPACTS VALUATION MARKET DEVELOPMENTS FISCAL DEFICITS DEFLATION INCOME INTEREST GOVERNMENT DEFICIT PROJECTIONS EXPECTATIONS INTEREST RATE REAL GDP PRIVATE CREDIT EXCHANGE ECONOMIC DEVELOPMENTS GDP PER CAPITA INDEXATION LIQUIDITY EXPORTS BANKING SYSTEMS REVENUES FISCAL POLICY WELFARE INCENTIVES LOAN TAX INPUTS NON-PERFORMING LOANS PAYMENTS CENTRAL BANKS INFLATION INTERNATIONAL BANK TRENDS ECONOMIC OUTLOOK BUDGET CENTRAL BANK ECONOMIC ACTIVITY DEVELOPMENT SMALL BUSINESS MACROECONOMIC STABILITY LABOR MARKET FISCAL POLICIES TRADE BALANCE OIL PRICES GLOBAL ECONOMY COSTS CURRENCY EXPORT GROWTH EXCHANGE RATE MOVEMENTS INCOME GROWTH EXCHANGE RATES OPTIONS EXTERNALITIES NET EXPORTS MARKETS DEBT PRIVATE INVESTMENT HOUSEHOLD INCOME RETURN DEFICITS BUDGET DEFICITS INCOME LEVELS ECONOMIC POLICIES LOANS TAX REVENUES DIVIDENDS NATURAL RESOURCES AVERAGING COMMODITY PRICE FINANCE TAXES PROFIT MARGIN UNEMPLOYMENT LEADING INDICATORS ECONOMIC RISKS CONSUMPTION HUMAN CAPITAL VALUE ADDED GOVERNMENT BUDGET ECONOMIC PERFORMANCE CAPITAL WAGES OWNERSHIP STRUCTURE ECONOMIC OUTCOMES DISCOURAGED WORKERS FINANCIAL STABILITY UNEMPLOYMENT RATE FINANCIAL CRISIS VALUE PENSIONS COMPETITIVENESS FISCAL BURDEN CREDIT MACROECONOMICS TRADE DEFICIT PURCHASING POWER DEVELOPMENT STRATEGY DEMAND AGGREGATE DEMAND ECONOMY AGRICULTURE EXPENDITURES ASSET QUALITY ASSETS MARKET BENCHMARK MONETARY POLICIES PUBLIC DEBT PRODUCTIVE INVESTMENTS INFLATION RATES TAXATION GOVERNMENT DEBT TRADE GDP GOODS BANK LOANS GROWTH RATE INVESTMENT SHARE CONTROLLED PRICES BALANCE SHEETS POVERTY PRODUCT MARKETS REVENUE ECONOMIC INDICATORS INVESTMENTS CONSUMER PRICE INDEX LENDING CREDIT GROWTH EXCHANGE RATE LABOR MARKETS OUTCOMES FINANCIAL SECTOR ARREARS GROWTH POTENTIAL PRICES GUARANTEE GROWTH PROJECTIONS NONPERFORMING LOANS BENEFITS Economic activity in the six South East European countries (SEE6) is picking up speed, and growth in the region is expected to average 1.8 percent for 2015. The highest growth rates projected are 3.4 percent for Montenegro and 3.2 percent for FYR Macedonia; the lowest is Serbia’s 0.5 percent. Although they trail the rest of the SEE6 region, Serbia and Bosnia and Herzegovina, which were hit heavily by floods in mid-2014, are recovering faster than expected. As 2015 progresses, a recovery in domestic demand is stimulating economic growth throughout the region. Private investment has become the main driver of growth. Developments in the global economy have also helped, especially lower oil prices and a pick-up in demand in the European Union (EU), a major market for the region. 2016-01-27T19:19:14Z 2016-01-27T19:19:14Z 2015-09 Report http://documents.worldbank.org/curated/en/2015/09/25763111/growth-recovers-risks-heighten http://hdl.handle.net/10986/23684 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Economic Updates and Modeling Europe and Central Asia Eastern Europe |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
LIVING STANDARDS TOTAL REVENUE MONETARY POLICY DEFICIT RISKS UNEMPLOYMENT RATES GOVERNMENT EXPENDITURES ECONOMIC GROWTH DEPOSITS PRODUCTION EXCISE TAXES LAGS ADVERSE IMPACTS VALUATION MARKET DEVELOPMENTS FISCAL DEFICITS DEFLATION INCOME INTEREST GOVERNMENT DEFICIT PROJECTIONS EXPECTATIONS INTEREST RATE REAL GDP PRIVATE CREDIT EXCHANGE ECONOMIC DEVELOPMENTS GDP PER CAPITA INDEXATION LIQUIDITY EXPORTS BANKING SYSTEMS REVENUES FISCAL POLICY WELFARE INCENTIVES LOAN TAX INPUTS NON-PERFORMING LOANS PAYMENTS CENTRAL BANKS INFLATION INTERNATIONAL BANK TRENDS ECONOMIC OUTLOOK BUDGET CENTRAL BANK ECONOMIC ACTIVITY DEVELOPMENT SMALL BUSINESS MACROECONOMIC STABILITY LABOR MARKET FISCAL POLICIES TRADE BALANCE OIL PRICES GLOBAL ECONOMY COSTS CURRENCY EXPORT GROWTH EXCHANGE RATE MOVEMENTS INCOME GROWTH EXCHANGE RATES OPTIONS EXTERNALITIES NET EXPORTS MARKETS DEBT PRIVATE INVESTMENT HOUSEHOLD INCOME RETURN DEFICITS BUDGET DEFICITS INCOME LEVELS ECONOMIC POLICIES LOANS TAX REVENUES DIVIDENDS NATURAL RESOURCES AVERAGING COMMODITY PRICE FINANCE TAXES PROFIT MARGIN UNEMPLOYMENT LEADING INDICATORS ECONOMIC RISKS CONSUMPTION HUMAN CAPITAL VALUE ADDED GOVERNMENT BUDGET ECONOMIC PERFORMANCE CAPITAL WAGES OWNERSHIP STRUCTURE ECONOMIC OUTCOMES DISCOURAGED WORKERS FINANCIAL STABILITY UNEMPLOYMENT RATE FINANCIAL CRISIS VALUE PENSIONS COMPETITIVENESS FISCAL BURDEN CREDIT MACROECONOMICS TRADE DEFICIT PURCHASING POWER DEVELOPMENT STRATEGY DEMAND AGGREGATE DEMAND ECONOMY AGRICULTURE EXPENDITURES ASSET QUALITY ASSETS MARKET BENCHMARK MONETARY POLICIES PUBLIC DEBT PRODUCTIVE INVESTMENTS INFLATION RATES TAXATION GOVERNMENT DEBT TRADE GDP GOODS BANK LOANS GROWTH RATE INVESTMENT SHARE CONTROLLED PRICES BALANCE SHEETS POVERTY PRODUCT MARKETS REVENUE ECONOMIC INDICATORS INVESTMENTS CONSUMER PRICE INDEX LENDING CREDIT GROWTH EXCHANGE RATE LABOR MARKETS OUTCOMES FINANCIAL SECTOR ARREARS GROWTH POTENTIAL PRICES GUARANTEE GROWTH PROJECTIONS NONPERFORMING LOANS BENEFITS |
| spellingShingle |
LIVING STANDARDS TOTAL REVENUE MONETARY POLICY DEFICIT RISKS UNEMPLOYMENT RATES GOVERNMENT EXPENDITURES ECONOMIC GROWTH DEPOSITS PRODUCTION EXCISE TAXES LAGS ADVERSE IMPACTS VALUATION MARKET DEVELOPMENTS FISCAL DEFICITS DEFLATION INCOME INTEREST GOVERNMENT DEFICIT PROJECTIONS EXPECTATIONS INTEREST RATE REAL GDP PRIVATE CREDIT EXCHANGE ECONOMIC DEVELOPMENTS GDP PER CAPITA INDEXATION LIQUIDITY EXPORTS BANKING SYSTEMS REVENUES FISCAL POLICY WELFARE INCENTIVES LOAN TAX INPUTS NON-PERFORMING LOANS PAYMENTS CENTRAL BANKS INFLATION INTERNATIONAL BANK TRENDS ECONOMIC OUTLOOK BUDGET CENTRAL BANK ECONOMIC ACTIVITY DEVELOPMENT SMALL BUSINESS MACROECONOMIC STABILITY LABOR MARKET FISCAL POLICIES TRADE BALANCE OIL PRICES GLOBAL ECONOMY COSTS CURRENCY EXPORT GROWTH EXCHANGE RATE MOVEMENTS INCOME GROWTH EXCHANGE RATES OPTIONS EXTERNALITIES NET EXPORTS MARKETS DEBT PRIVATE INVESTMENT HOUSEHOLD INCOME RETURN DEFICITS BUDGET DEFICITS INCOME LEVELS ECONOMIC POLICIES LOANS TAX REVENUES DIVIDENDS NATURAL RESOURCES AVERAGING COMMODITY PRICE FINANCE TAXES PROFIT MARGIN UNEMPLOYMENT LEADING INDICATORS ECONOMIC RISKS CONSUMPTION HUMAN CAPITAL VALUE ADDED GOVERNMENT BUDGET ECONOMIC PERFORMANCE CAPITAL WAGES OWNERSHIP STRUCTURE ECONOMIC OUTCOMES DISCOURAGED WORKERS FINANCIAL STABILITY UNEMPLOYMENT RATE FINANCIAL CRISIS VALUE PENSIONS COMPETITIVENESS FISCAL BURDEN CREDIT MACROECONOMICS TRADE DEFICIT PURCHASING POWER DEVELOPMENT STRATEGY DEMAND AGGREGATE DEMAND ECONOMY AGRICULTURE EXPENDITURES ASSET QUALITY ASSETS MARKET BENCHMARK MONETARY POLICIES PUBLIC DEBT PRODUCTIVE INVESTMENTS INFLATION RATES TAXATION GOVERNMENT DEBT TRADE GDP GOODS BANK LOANS GROWTH RATE INVESTMENT SHARE CONTROLLED PRICES BALANCE SHEETS POVERTY PRODUCT MARKETS REVENUE ECONOMIC INDICATORS INVESTMENTS CONSUMER PRICE INDEX LENDING CREDIT GROWTH EXCHANGE RATE LABOR MARKETS OUTCOMES FINANCIAL SECTOR ARREARS GROWTH POTENTIAL PRICES GUARANTEE GROWTH PROJECTIONS NONPERFORMING LOANS BENEFITS World Bank Group South East Europe Regular Economic Report, No. 8, Fall 2015 : Growth Recovers, Risks Heighten |
| geographic_facet |
Europe and Central Asia Eastern Europe |
| description |
Economic activity in the six South East
European countries (SEE6) is picking up
speed, and growth in the region is expected
to average 1.8 percent for 2015. The
highest growth rates projected are 3.4 percent
for Montenegro and 3.2 percent for FYR
Macedonia; the lowest is Serbia’s 0.5 percent.
Although they trail the rest of the SEE6
region, Serbia and Bosnia and Herzegovina,
which were hit heavily by floods in mid-2014,
are recovering faster than expected. As 2015
progresses, a recovery in domestic demand is
stimulating economic growth throughout the
region. Private investment has become the
main driver of growth. Developments in the
global economy have also helped, especially
lower oil prices and a pick-up in demand in the
European Union (EU), a major market for the
region. |
| format |
Report |
| author |
World Bank Group |
| author_facet |
World Bank Group |
| author_sort |
World Bank Group |
| title |
South East Europe Regular Economic Report, No. 8, Fall 2015 : Growth Recovers, Risks Heighten |
| title_short |
South East Europe Regular Economic Report, No. 8, Fall 2015 : Growth Recovers, Risks Heighten |
| title_full |
South East Europe Regular Economic Report, No. 8, Fall 2015 : Growth Recovers, Risks Heighten |
| title_fullStr |
South East Europe Regular Economic Report, No. 8, Fall 2015 : Growth Recovers, Risks Heighten |
| title_full_unstemmed |
South East Europe Regular Economic Report, No. 8, Fall 2015 : Growth Recovers, Risks Heighten |
| title_sort |
south east europe regular economic report, no. 8, fall 2015 : growth recovers, risks heighten |
| publisher |
World Bank, Washington, DC |
| publishDate |
2016 |
| url |
http://documents.worldbank.org/curated/en/2015/09/25763111/growth-recovers-risks-heighten http://hdl.handle.net/10986/23684 |
| _version_ |
1764454500121182208 |