Tourism has grown rapidly in economic importance since Montenegro’s independence in 2006. The number of international tourists visiting Montenegro exceeded 2.5 million in 2019, four times the country’s...
As a small and open economy, Montenegro's growth prospects are directly linked to its ability to produce competitively and sell goods and services in international markets. Integration into international...
Montenegro’s income inequality, though recently on a decline, is still relatively high when compared to European Union (EU) countries. Income inequality partly reflects inequality of opportunity, that...
Montenegro’s productivity growth over the past two decades has been disappointing and represents a missed opportunity for the country’s development. Over the last two decades Montenegro was unable to catch...
Pro-competition regulations in the markets for goods and services allow markets to allocate resources efficiently and achieve greater innovation, productivity, and economic growth. Perception indicators...
Montenegro’s ambitions to join the EU are built on the public anticipation that the country’s living standards will rise to EU levels. The EU accession enjoys a strong approval by citizens?80 percent of...