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Investor Presentaiton

Opportunities to Foreign Investment in Kosovo 1. CHAPTER ONE - General overview of Kosovo's economy In this chapter will be discussed about Kosovo's economy and some macroeconomic indicators that characterize Kosovo's economy. Economic development of Kosovo in the period after World War II began in conditions and circumstances of a centralized socialist system that was applied in the former Yugoslav Federation. In this period Kosovo was a typical agrarian country with no developed industry where agriculture took part with 70% of the income created by that time, while only 30% with industrial products. In this period, the overall economy of Kosovo took place with a growth rate of 5.7%. Characteristic of this period was that Kosovo did not have the same treatment in economic development as other federal units even though it was the only country with the lowest level of development. In the late 1980's, Kosovo's economy, although less developed compared with other regions of the former Yugoslavia, it had a more favorable economic structure compared to the previous period. At this time Kosovo's economy was based on the large number of companies that produce semi-finished products. After the continuous destruction of the economy, since 1990 and to the end of the war in 1999, production in Kosovo was almost nonexistent and traditional foreign market had lost. Kosovo, in the period of twelve years, has gone from a post-conflict environment into a state which is considered to be under transition. It has passed the reconstruction period by orienting itself toward the economic development and looking towards European integrations. Yet, an economic development is not enough to be able to address the challenges Kosovo is facing, such as high unemployment and high trade deficit rate. In general², the economy of Kosovo is mainly dependant on the foreign sector. The level of imports is quite high with growing trends. On one hand, this comes as a result of 1 M.sc. Alush Kryeziu, "Strategjia për Promovimin e Eksportit të Kosovës", ISPE, 15 November 2010, pp.11-13 2 Program of the Government of the Republic of Kosovo 2008 - 2011, p. 7 10
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