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The State of Kosovo’s Economy and the Perspectives of its Development
The State of Kosovo’s Economy and the Perspectives of its Development

Author(s): Joachim Rücker
Subject(s): Politics / Political Sciences
Published by: Südosteuropa Gesellschaft e.V.

Summary/Abstract: Whereas great progress was made in building the prerequisites for a sound economic development, Kosovo has shown a very poor economic performance. Low growth rates, high unemployment, structural deficiencies, lacking skills, a big trade imbalance, and other factors add to a picture that is anything but bright. Not surprisingly, Kosovo is unable to attract the necessary domestic and foreign private investments. The author further suggests some of the measures necessary to change the course of economic growth. The much-needed mid-term economic development strategy should concentrate on sectors with sufficient potentials, like the energy and coal mining sectors. After all, the unresolved status poses constraints on the level of investments.

  • Issue Year: 2005
  • Issue No: 03
  • Page Range: 66-71
  • Page Count: 6
  • Language: English