Kosovo, Federal Republic of Yugoslavia : Economic and Social Reforms for Peace and Reconciliation

The report discusses the principal economic, and social reform policy tasks, Kosovo is facing, following the decade-long losses due to civic exclusion of a major part of its ethnic population, the absence of investments, and the neglect of physical, and human capital, a period which culminated in the 1999 conflict. It intends to inform on the framework of the United Nations Interim Administration in Kosovo, i.e., the consolidation of peace, by fostering social reconciliation, towards achieving sustainable economic growth in the province. The key challenges to the political economy address: 1) the formulation of a sustainable budget, increasingly financed through local taxation, hence, with reduced reliance on external donor support. Fiscal institutions need to be developed to ensure efficient public spending; 2) the establishment of trade liberalization, and a customs regime, to increase the potential for growth, and exports, allowing as well to benefit from the arrangements fostered by the Stability Pact, and the European Union; 3) the use of hard currency for internal transactions, and savings, and, the development of a strategy for banking sector development; and, 4) the creation of a reformed framework to encourage growth, by stimulating private enterprise development. Moreover, three aspects of social policy call for: an education policy at par with competitor countries; health policy that strengthens health care delivery, and addresses the effects of recent social traumas; and, social protection regarding a highly vulnerable population.

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Bibliographic Details
Main Author: World Bank
Language:English
en_US
Published: Washington, DC 2001-02-01
Subjects:ACCOUNTABILITY, ACCOUNTING, ADMINISTRATIVE APPARATUS, ADMINISTRATIVE RESPONSIBILITIES, ADMINISTRATIVE SKILLS, AGRICULTURE, AUTHORITY, BALANCE OF PAYMENTS, BALANCED BUDGETS, BANKING SECTOR, BANKING SECTOR DEVELOPMENT, BANKING SYSTEM, BUDGET FINANCING, BUDGETARY ASSISTANCE, BUDGETARY SYSTEMS, CENTRAL BANK, CENTRAL PLANNING, COAL, CONSENSUS, CONSOLIDATION, CONSTITUTION, CONSTITUTIONAL ARRANGEMENTS, CONSULTATIVE COUNCILS, COUNCIL OF MINISTERS, COUNCILS, DECENTRALIZATION, DECISION MAKING, DECISION-MAKING, DEGREE OF AUTONOMY, DEMOCRACY, DEVOLUTION, ECONOMIC ACTIVITY, ECONOMIC CONSEQUENCES, ECONOMIC DEVELOPMENT, ECONOMIC IMPACT, ECONOMIC POLICIES, ETHNIC GROUPS, ETHNIC TENSION, EXPENDITURE, EXPORTS, FINANCIAL INTERMEDIATION, FISCAL, FISCAL STANCE, FISCAL SUSTAINABILITY, FOREIGN INVESTMENT, GDP, GOVERNMENT DEPARTMENTS, GOVERNMENT INSTITUTIONS, HEALTH SERVICES, HOUSING, HUMAN CAPITAL, HUMAN RIGHTS, IMPORTS, INDUSTRIALIZATION, INFLATION, INSTITUTIONAL DEVELOPMENT, INSURANCE, JUDICIARY, LAWS, LIBERATION, LOCAL ADMINISTRATION, MACROECONOMIC CONDITIONS, MACROECONOMIC STABILITY, MARKET ECONOMY, MIGRATION, MUNICIPALITIES, NATIONAL INCOME, NATIONS, NATURAL RESOURCE BASE, POLITICAL ECONOMY, POLITICAL LEADERS, POLITICAL LEADERSHIP, POLITICAL PARTIES, POLITICAL PARTY, PRIVATE HOUSING, PRIVATE OWNERSHIP, PRIVATE SECTOR DEVELOPMENT, PRIVATE SECTOR GROWTH, PRIVATIZATION, PRIVATIZATION AGENCY, PUBLIC ADMINISTRATION, PUBLIC AGENCIES, PUBLIC ENTERPRISES, PUBLIC EXPENDITURES, PUBLIC INSTITUTIONS, PUBLIC INVESTMENT, PUBLIC MANAGEMENT, PUBLIC SECTOR, PUBLIC SERVICE, PUBLIC SERVICE DELIVERY, PUBLIC SERVICES, PUBLIC SPENDING, PUBLIC SUPPORT, PUBLIC UTILITIES, REGULATORY FRAMEWORK, REPRESENTATIVE GOVERNMENT, REPRESENTATIVES, RESOURCE ALLOCATION, REVENUE COLLECTION, SAVINGS, SOCIAL ASSISTANCE, SOCIAL DEVELOPMENT, SOCIAL POLICY, SOCIAL PROTECTION, SOCIAL REFORMS, SOCIAL SECTORS, SOVEREIGNTY, TAX ADMINISTRATION, TAX COLLECTION, TAX SYSTEM, TAXATION, TRADE BALANCE, TRANSPARENCY, UNEMPLOYMENT REFORM POLICY; ECONOMIC REFORM; SOCIAL REFORM; POST-WAR CONFLICT RESOLUTION; CONFLICT MANAGEMENT; HUMAN CAPITAL; PHYSICAL DAMAGE; INTERIM PROTECTION; PEACE PROCESS; ECONOMIC GROWTH; BUDGET ADMINISTRATION; FINANCIAL MANAGEMENT; LOCAL TAXATION; FISCAL CONSOLIDATION; PUBLIC SPENDING; TRADE LIBERALIZATION; CUSTOMS ADMINISTRATION; EXPORT DEVELOPMENT; EUROPEAN UNION; BANKING SECTOR REFORMS; BANKING SYSTEMS; PRIVATE SECTOR DEVELOPMENT; PRIVATE ENTERPRISES; EDUCATION SECTOR; HEALTH CARE DELIVERY; SOCIAL PROTECTION SYSTEMS; SOCIAL SAFETY NETS,
Online Access:http://documents.worldbank.org/curated/en/2001/02/1003145/kosovo-federal-republic-yugoslavia-economic-social-reforms-peace-reconciliation
https://hdl.handle.net/10986/15708
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