Economic growth in Kosovo and in other countries in terms of globalization of world economy
Journal Title: Academicus - International Scientific Journal - Year 2013, Vol 4, Issue 8
Abstract
The global financial crisis causes, as among the greatest crises and consequences, reflected the world in continuously increase of unemployment, poverty and inequality. This crisis was reflected in both developed and developing countries including countries in transition.The fact cannot be denied that the effects of financial crisis are even felt in the Republic of Kosovo where during this period of time following consequences could be clearly noted: decrease of the real economy, poverty, reduction in remittances, decrease of external investments, contracting criteria for bank loans and other direct and indirect effects.However, the global economy did continue to recover during 2010 and 2011. Nevertheless, uncertainty regarding to the volatility of global economic recovery in this period is greater than in the previous period. This setting is mainly extracted from instability of financial market due to problems with public finances in several EU member States and entry of protective measures by some rapidly growing economies and developing countries, in response to large capital inflows.It is important to consider the fact that, despite the recent crisis, economic growth model, based on the deepening of EU integration process, in terms of finance, trade, labour markets and institutions, remains as best model for developing countries and Kosovo itself. Special treatment is given to achieved achievements and projections for the following years under policies compiled by the Government of the Republic of Kosovo to enable generic analysis for concrete situation of our national economy. Also, this paper shall explain the underlying factors which will influence on a more accelerated economic development.
Authors and Affiliations
Lumnije Thaçi
Suburbs of space, suburbs of existence: the approach to the town of Pope Francis
The first Pope who comes from a megacities. Ideas and reflections on Pope Francis and the surrounding areas. His approach “globalized” to the church, evangelization, and about the spaces of the power in the city.
Western Balkans, Albania and the Diatribe between Development and Change
While there is a clear tendency to address research of the ratio between change and development for very specific cases in comparison with the level of various countries, we think that we should go beyond such situation...
Goffman, Parsons, and the Negational Self
Erving Goffman’s emphasis on impression management in everyday life means that for the most part persons offer only partial or incomplete glimpses of themselves. Indeed, under specifiable conditions self-presentations ma...
Challenge of the European Union’s Energy Security Approach
Aim of this research is to answer if organizational commitment changes according to demografic factors. Inputs gained from 200 person sample group from banking sector. According to the analysis it is found that affective...
The Role of National Ombudsman’s Offices in Promoting the Concept of good Administration in Albania, Macedonia and Kosovo. The way ahead
The private persons in any democratic state should have a right to dispute the administrative decisions affecting their rights, freedoms or interests before (among others) competent independent courts. It is the key prec...