Republic of Kosovo : Selected Issues Paper

Publication Date: July 23, 2013
Electronic Access: Free Full text (PDF file size is 744KB).
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Summary: This Selected Issues paper on the Republic of Kosovo’s 2013 Article IV Consultation highlights growth and Kosovo’s external environment. In the wake of the global financial crisis, Kosovo’s economic growth slowed but remained positive, while most other Western Balkans slipped into recession. Moreover, the annual average growth rate has been among the highest in the Western Balkans since the onset of the financial crisis in 2007. Kosovo’s tax-to-GDP ratio is comparable to the average of Southeastern Europe, although its tax system relies significantly more on indirect taxation—including a high share of trade taxes. Kosovo’s reliance on trade taxes may create budgetary pressures in the event of further trade liberalization.
Series: Country Report No. 13/223
Subject(s): Economic growth | Tax revenues | Tax structures | Trade liberalization | Foreign currency deposit accounts | Foreign exchange reserves | Central banks | Banking sector | Selected issues | Kosovo

Publication Date: July 23, 2013
ISBN/ISSN: 9781484307854/1934-7685 Format: Paper
Stock No: 1UVKEA2013004 Pages: 28
US$18.00 (Academic Rate:
US$18.00 )
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