In this article, we analyse whether the three countries used the window of opportunity provided by the AA/DCFTAs to become more sustainable, prosperous and resilient by the time they entered the coronacrisis in 2020. The economic developments during the coronacrisis are not considered.
The article is structured as follows. We start with the policy framework in all three countries and then proceed to the discussion of major macroeconomic parameters, including data for the economy as a whole, the fiscal policy and external sectors, and labour market. In the end, we provide conclusions.
