000			03366cam a22003617i 4500
001			on1128105201
003			OCoLC
005			20240726104814.0
008			191121s2019 dcu o 000 0 eng d
040			_aYDX _beng _erda _epn _cYDX _dOCLCQ _dCUS _dESU _dYDXIT _dOCLCO _dNT
020			_a9781513519173 _q((electronic)l(electronic)ctronic)
043			_aed-----
050	0	4	_aHC401 _b.L548 2019
049			_aMAIN
100	1		_aIlahi, Nadeem, _e1
245	1	0	_aLifting growth in the Western Balkans : _bthe role of global value chains and services exports / _cNadeem Ilahi [and 5 others.
260			_aWashington, D.C. : _bInternational Monetary Fund, _c(c)2019.
300			_a1 online resource
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_adata file _2rda
490	1		_aInternational Monetary Fund. European Department ; _vno. 19/13
504			_a2
520	3		_aIn the past 25 years, exports have contributed strongly to growth and economic convergence in many small open economies. However, the Western Balkan (WB) region, consisting of small emerging market economies, has not fully availed itself of this driver of growth and convergence. A lack of openness, reliance on low value products, and weak competitiveness largely explain the insignificant role of trade and exports in the region's economic performance. This paper focuses on how the countries in the WB could lift exports through stronger integration with global value chains (GVCs) and broadening of services exports. The experience of countries that joined the European Union in or after 2004 shows that participation in GVCs can help small economies accelerate export and income growth. WB countries are not well integrated into Europe's vibrant GVCs. Trade within the region is also limited-it tends to be bilateral and not cluster-like. Our analysis shows that by improving infrastructure and labor skills and adopting trade policies that ensure investor protection and harmonize regulations and legal provisions, the region can greatly enhance its engagement with GVCs. Services exports are an increasingly important part of global trade, and they offer an untapped source of growth. The magnitude of services exports from the WB region compares favorably with that of peers in Europe, particularly in travel services where several of these countries have a revealed comparative advantage. But there is significant room for growth in tourism exports and an untapped potential in business and information technology services exports that these countries can materialize through policy efforts that increase openness and enhance connectivity and labor skills. Serbia offers a good example of how decisive efforts, including education policies to ensure a sustained supply of skilled labor, can help information technology services exports to take off.
530			_a2 _ub
655		1	_aElectronic Books.
700	1		_aInternational Monetary Fund; _eissuing body.
856	4	0	_zClick to access digital title | log in using your CIU ID number and my.ciu.edu password. _uhttpss://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=2297288&site=eds-live&custid=s3260518
942			_cOB _D _eEB _hHC _m2019 _QOL _R _x _8NFIC _2LOC
994			_a92 _bNT
999			_c78944 _d78944
902			_a1 _bCynthia Snell _c1 _dCynthia Snell