Unleashing the Potential for Competitiveness

Trends in the Western Balkans

Publication Date:2024 January

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Commissioned by the RCC, the DLR-PT study "Unleashing the Potential for Competitiveness: Trends in the Western Balkans". It presents trends that are likely to shape the region's competitiveness until 2035. It examines the potential impact on inclusive growth and provides examples that could be useful for the economies of the Western Balkans (WB). Based on desk research, expert interviews and an online trends workshop, the DLR-PT's Foresight team prepared the study in March and April 2023. It provides stakeholders with evidence-based insights to prepare for future developments and help formulate effective policy options and strategies. The study focuses on four key areas defined by the World Economic Forum's Global Competitiveness Report 2020: the enabling environment, human capital, markets and the innovation ecosystem. Through desk research, qualitative interviews and expert workshops, it identifies trends that provide a comprehensive view of the likely evolution of competitiveness over the next 12 years, enabling policymakers to anticipate future challenges. 

The study provides a methodological overview of Strategic Foresight and delves into the trends within the identified pillars, providing a summary of findings and recommendations for future action. By highlighting the trajectory of competitiveness and its implications, the study provides policymakers with valuable insights to effectively navigate the evolving landscape and foster sustainable growth in the Western Balkans.

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