European Parliament Library

Republic of Kosovo :, Selected Issues Paper

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
Table Of Contents
Cover; CONTENTS; GROWTH AND KOSOVO'S EXTERNAL ENVIRONMENT; A. Recent Growth Performance in a Regional Context; B. Assessing Spillovers from External Shocks; C. Determinants of Remittances in the Western Balkans; References; TAX REVENUE STRUCTURE AND TRADE LIBERALIZATION; A. Introduction; B. The Rationale Behind Kosovo's Current Tax Structure; C. Revenue Replacement with Trade Liberalization: Empirical Analysis; D. Policy Options and Concluding Remarks; References; EUROIZATION, LIQUIDITY NEEDS, AND FOREIGN CURRENCY RESERVES; A. Foreign Currency Reserves in a Unilaterally Euroized Economy
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (29 p.)
Specific Material Designation
Form Of Item

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