Before the outbreak of the pandemic the unemployment in the Western Balkans dropped significantly, but it is still unclear how the pandemic will affect the labor market in the region. There is some hope due to the idea of “near-shoring”.
The fundamental objective of the EU since its inception has been reducing development disparities between regions. In doing so, particular emphasis was placed on rural areas, areas affected by industrial change and regions facing natural and demographic problems.
The most recent Corruption Perception Index of Transparency International shows some disquieting facts concerning the Southeast Europe. Doing business there requires a different perspective on corruption and nepotism, which, though widespread, is cultural rather than criminal.
What disconcerts people living in the region today is not the fact that they have to cohabitate in multinational countries, but unsatisfactory living conditions: low wages, high unemployment, poverty. In Kosovo 34% of residents live for up to $2 a day.