Kosovo economic development European context

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Kosovo economic developmentEuropean context

• Kosova Chamber of Commerce
• Besim BEQAJ, PhD
• President

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Economic Development Problems in Balkans

• Development policies
• Unemployment
• Weak industry
• Migration and Emigration
• Public policies
• Fiscal policies need for FDI
• Labor force
• How to reverse positive trends?
• How to finance public policies?

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What is needed to catch the step?

• Investment in education
• Infrastructure
• Rural development

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What is needed to catch the step?

• Efective Public Sector
• Lack of absorbing capacities
• Selfconfidence need to brake vicioz circle
• Acces to world markets and to IFI-s
• Trade lliberalisation

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Europian context
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Enlargement Process

• 2005
• Bulgaria 2007
• Romania 2007
• Croatia 2007-8
• Macedonia ?
• Turkey ?
• Kosova ?

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New European periphery

• Bosnia and Hercegovina
• Serbia and Monenegro
• Kosova
• Albania

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Trade Liberalisation

• 31 bilateral FTA
• Moldova and Kosova joint unlateraly
• Expectation for Single Free Trade Area
• Dilema Some countries Croacia, Macedonia,
  Rumania like to join EFTA

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UE toward Balkan

• SAP
• Stability Pact for SEE
• SEECP (South East European Cooperation Process)
• CEI (Central European initiative)
• SECI (South East Cooperation Initiative)

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UE toward Balkan

• Disapointments in both sides
• EU thinks that Balkan is to slow
• Balkan thinks that given assistance is to short
  and non effective
• Orientation toward donations
• Need for financial arrangements not donatiosn

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What is expected from Balkan?

• Better political climate,
• Economic reforms
• Education reforms
• Reforms in Justice and administration
• Democracy developments

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EU assistance after 2006 reversing the trends
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• Thank you