Republic of Kosovo : 2013 Article IV Consultation

Publication Date: July 23, 2013
Electronic Access: Free Full text (PDF file size is 1,474KB).
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Summary: This staff report on the Republic of Kosovo’s 2013 Article IV Consultation focuses on economic and financial developments. Kosovo’s economy is excessively dependent on inflows from the diaspora. It is found that while these inflows support incomes, they finance primarily consumption and investments in nontradables, such as real estate or services, and contribute little to the build-up of productive capacity. Goods exports are less than 10 percent of GDP and concentrated in sectors with a low-value added component, notably metals. A coherent strategy is needed to improve competitiveness, foster the development of a tradable sector, and lay the basis for self-sustained growth.
Series: Country Report No. 13/222
Subject(s): Article IV consultation reports | Economic growth | Fiscal policy | Budgetary policy | Tax revenues | Tax structures | Fiscal sustainability | Banking sector | Economic indicators | Staff Reports | Press releases | Public information notices | Kosovo

Publication Date: July 23, 2013
ISBN/ISSN: 9781484377987/1934-7685 Format: Paper
Stock No: 1UVKEA2013003 Pages: 54
US$18.00 (Academic Rate:
US$18.00 )
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