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This document discusses export performance, trade specialization, and policies in the Balkan countries. It finds that Balkan exports are growing and becoming more specialized in medium-skilled industries over time. Comparative advantages are shifting from low-skilled industries to include more medium-skilled sectors. However, trade deficits and current account deficits remain large. Managing exchange rates and wage growth is important for competitiveness and sustainability.

Author

Goran Djokic

Language

EN