As elsewhere in the world, in the Western Balkans the COVID-19 pandemic has plunged countries into deep recession. While the outlook remains uncertain, economic activity in the region is now projected to contract by an estimated 4.8 percent in 2020—1.7 percentage points below the forecast in the Spring 2020 Regular Economic Report (RER). The primary causes are the drop in both domestic and foreign demand and disruptions in supply chains, especially...
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DETALHES
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2020/10/01
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Documento de Trabalho
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153774
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1
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1
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2020/10/22
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Disclosed
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An Uncertain Recovery
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Equitable Growth
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