Western Balkans Regular Economic Report No.18, Fall 2020 : An Uncertain Recovery

As elsewhere in the world, in the Western Balkans the COVID-19 pandemic has plunged countries into deep recession. Because of the recession, labor market conditions have taken a turn for the worse and welfare improvements have been interrupted, although government response measures cushioned the blo...

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Bibliographic Details
Main Author: World Bank
Format: Report
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/113581603209375081/An-Uncertain-Recovery
http://hdl.handle.net/10986/34644
Description
Summary:As elsewhere in the world, in the Western Balkans the COVID-19 pandemic has plunged countries into deep recession. Because of the recession, labor market conditions have taken a turn for the worse and welfare improvements have been interrupted, although government response measures cushioned the blow. Policy efforts in the region need to remain focused on fighting the pandemic, limiting the economic damage and facilitating recovery.