Unleashing the Potential for Competitiveness: Trends in the Western Balkans

06 February 2024 | STUDY

RCC’s Foresight study, "Unleashing the Potential for Competitiveness: Trends in the Western Balkans," presents trends likely to shape the region's competitiveness until 2035. It examines the potential impacts on inclusive growth and offers examples that might be useful to the Western Balkan (WB) economies. Utilizing Strategic Foresight methodology, the study equips stakeholders with evidence-based insights to prepare for future developments, aiding in the formulation of effective policy options and strategies. The study focuses on four key areas defined by the World Economic Forum's Global Competitiveness Report 2020: enabling environment, human capital, markets, and the innovation ecosystem. Through desk research, qualitative interviews, and expert workshops, it identified trends providing a comprehensive outlook on probable competitiveness evolution over the next 12 years, empowering policymakers to anticipate future challenges.

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

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