Economic and policy foundations for growth in South East Europe: remaking the Balkan economy

In recent years, South East European economies have been damaged by the effects of the global and Eurozone crises. This volume offers an analytical and practical guide to policies that can help the region move to a sustainable growth path. The authors argue that this is a challenging agenda in the present circumstances: the region is lagging behind Western Europe in key reform areas, and the appetite for further reform is limited. This volume shows that there is a general need to reform fiscal institutions in SEE in order to better prepare them for the appropriate analysis, formulation, and implementation of fiscal policies. The authors also argue that, in light of the evolving financial architecture in Europe, macroprudential tools can provide (to varying degrees) the means to better attune monetary conditions to national requirements and to help assure financial stability.