{
  "title": "Republic of Kosovo: 2013 Article IV Consultation",
  "publication": "IMF Staff Country Reports, July 23, 2013",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/republic-of-kosovo-2013-article-iv-consultation-40810",
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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.",
  "sections": [
    {
      "heading": "Main findings: economic structure and external reliance",
      "content": "- Kosovo’s economy is excessively dependent on inflows from the diaspora.\n- Diaspora inflows:\n  - Support incomes.\n  - Finance primarily consumption and investments in nontradables, such as real estate or services.\n  - Contribute little to the build-up of productive capacity.\n- Goods exports are less than 10 percent of GDP and concentrated in sectors with a low-value added component, notably metals.\n- Conclusion: A coherent strategy is needed to improve competitiveness, foster the development of a tradable sector, and lay the basis for self-sustained growth."
    },
    {
      "heading": "Policy implications and recommended strategic priorities",
      "content": "- Improve competitiveness to enable tradable-sector development.\n- Foster development of a tradable sector to reduce excessive dependence on diaspora inflows.\n- Promote investments that build productive capacity rather than primarily financing nontradables and consumption."
    },
    {
      "heading": "Subjects and keywords covered",
      "content": "- Subject: Balance of payments, Banking, Commercial banks, Consumer price indexes, External debt, Income, National accounts, Public debt, Remittances, Revenue administration\n- Keywords: agreement, banking authority, CR, Global, government, government bank balance, governments of Kosovo, Income, ISCR, Kosovar authorities, liability positions vis-à-vis nonresident, Remittances\n\nSource: IMF Staff Country Report — Republic of Kosovo: 2013 Article IV Consultation (Country Report No. 2013/222).\n\n---\n\n Content in this bundle\n\n- Cr13222\n  - Cr13222 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Cr13222 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: July 23, 2013",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484377987.002",
    "Kosovo’s economy is excessively dependent on inflows from the diaspora.",
    "Diaspora inflows:",
    "Goods exports are less than 10 percent of GDP and concentrated in sectors with a low-value added component, notably metals.",
    "Conclusion: A coherent strategy is needed to improve competitiveness, foster the development of a tradable sector, and lay the basis for self-sustained growth.",
    "Improve competitiveness to enable tradable-sector development.",
    "Foster development of a tradable sector to reduce excessive dependence on diaspora inflows.",
    "Promote investments that build productive capacity rather than primarily financing nontradables and consumption.",
    "Subject: Balance of payments, Banking, Commercial banks, Consumer price indexes, External debt, Income, National accounts, Public debt, Remittances, Revenue administration",
    "Keywords: agreement, banking authority, CR, Global, government, government bank balance, governments of Kosovo, Income, ISCR, Kosovar authorities, liability positions vis-à-vis nonresident, Remittances",
    "**Cr13222**"
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