In 2018, the Western Balkans are characterized by fiscal policies that are focused on the stability of the tax rate, the slight decrease in the rate of social contributions, and its rise to VAT in the case of Montenegro. The...
Although the growth of the fiscal burden seems to be the easiest way to narrow the budget deficit, this is not true every time. The main argument is that the fiscal burden is planned to increase/decrease at the same...
Fiscal revenues collected by countries applying progressive taxation (Albania and Croatia) compared to the countries applying flat taxation (Kosovo, North Macedonia, Montenegro, Serbia, Bosnia and Herzegovina) are seen to have a higher burden with 2% of GDP. The tax model for...
Measuring the fiscal burden shows the effect of how good / bad tax policy meets one of the primary goals, increasing revenue while maintaining the equality of taxpayers in the burden they bear. On the other side, the policy should aim at the...
Albanian GDP growth is now back in the levels it was a decade ago, and its unemployment rate is at an eleven-year low, with the program-era labor reform facilitating formalization and job creation. Its business climate is more attractive to investors....
A bigger number of Balkan countries have sustained the economic stabilization and gone on to complete a modernization driving sustained, inclusive growth. Albania, Serbia and Macedonia now are at the point where they have a chance to follow this route...
The number of SMEs in the Balkan region totals more than 800 thousand or equivalent to 40 enterprises for every 1,000 inhabitants. This average density is not far behind the EU average of about 44 enterprises per 1,000 inhabitants. The...
