The Impact of Infrastructure Development on the Economic Growth of the Countries in the Western Balkans and their EU Future
The Impact of Infrastructure Development on the Economic Growth of the Countries in the Western Balkans and their EU Future
Author(s): Danijela Jaćimović, Milena Lipovina-Božović, Bojan Pejović, Sunčica VukovićSubject(s): National Economy, Supranational / Global Economy, Business Economy / Management, Energy and Environmental Studies, ICT Information and Communications Technologies, Socio-Economic Research
Published by: Vysoká škola ekonomická v Praze
Keywords: infrastructure investments; economic growth; Western Balkans; resilient economies;
Summary/Abstract: Infrastructure investment significantly influences economic growth in Western Balkan countries, fostering regional cooperation, reconciliation, and EU integration. The study uses panel regression analysis (2000-2021) across six Western Balkan countries to assess the impact of infrastructure indicators on economic growth, focusing on how to intensify infrastructure investments for sustainable growth. Results confirm the significant positive impact of energy, ICT, and road infrastructure on economic growth.
Journal: Prague Economic Papers
- Issue Year: 34/2025
- Issue No: 1
- Page Range: 45-77
- Page Count: 33
- Language: English
