Brexit and its impact on the Western Balkans

The decision of the UK to leave the European Union is likely to have important ramifications for the Western Balkans (WB). Although direct economic linkages between the UK and the WB countries are limited, the indirect impact via the EU – the main trading and investment partner for the WB – could be substantial. A UK exit may also slow down the EU accession process and the reform drive in the region. This talk will explore some of these linkages and will outline the effect of different scenarios, with the aid of a recently developed EBRD global modelling framework.