Kosovo Country Economic Memorandum, November 2021: Boosting Foreign Direct Investment

Publication:
Kosovo Country Economic Memorandum, November 2021: Boosting Foreign Direct Investment

dc.contributor.author	World Bank
dc.date.accessioned	2022-01-31T21:33:12Z
dc.date.available	2022-01-31T21:33:12Z
dc.date.issued	2021-11
dc.description.abstract	Foreign direct investment (FDI) can bring many benefits to Kosovo’s economy, creating more and better jobs and spurring greater and more resilient economic growth. Many transition economies have used FDI as a pillar of their structural transformation and modernization efforts. The small number of firms in Kosovo that include FDI are more productive than other firms, and they were more resilient in the wake of the Coronavirus disease 2019 (COVID-19) economic recession. In Kosovo, FDI inflows have been concentrated in sectors that provide limited potential for productivity spillovers and benefits to the domestic economy. Kosovo needs to adopt proactive policies to strengthen its investment competitiveness and investor outreach in order to unlock more and higher-quality FDI. This note presents an ambitious reform agenda that can help improve Kosovo’s investment competitiveness and investor outreach. It presents a step-by-step reform program for unlocking the full potential of FDI for economic growth and job creation in Kosovo that the government can implement in the short to medium term. The note is structured in three sections. The first section looks at Kosovo’s FDI performance and assesses the quantity and quality of the FDI attracted so far. The second section benchmarks Kosovo’s locational FDI determinants, considering a set of macroeconomic and microeconomic indicators for its overall FDI competitiveness. The third section combines the findings from the first two sections with an in-depth assessment of Kosovo’s policy, legal, and institutional framework for investment to present a targeted reform agenda and policy action plan to help attract more and higher-quality investments to Kosovo.	en
dc.identifier	http://documents.worldbank.org/curated/undefined/099135001212235481/P1719510f6c46503909d230883e7a7ca5da
dc.identifier.doi	10.1596/36900
dc.identifier.uri	https://hdl.handle.net/10986/36900
dc.language	English
dc.publisher	World Bank, Washington, DC
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo
dc.subject	FOREIGN DIRECT INVESTMENT
dc.subject	GREENFIELD FDI
dc.subject	COMPETITIVENESS
dc.subject	INVESTMENT REFORM
dc.subject	INVESTOR GRIEVANCES
dc.subject	INVESTOR SERVICES
dc.title	Kosovo Country Economic Memorandum, November 2021	en
dc.title.subtitle	Boosting Foreign Direct Investment	en
dc.type	Report	en
dc.type	Rapport	fr
dc.type	Informe	es
dspace.entity.type	Publication
okr.crossref.title	Kosovo Country Economic Memorandum, November 2021
okr.date.disclosure	2022-01-24
okr.date.doiregistration	2025-05-07T11:28:26.152725Z
okr.date.lastmodified	2022-01-24T00:00:00Z	en
okr.doctype	Economic & Sector Work
okr.doctype	Economic & Sector Work::Country Economic Memorandum
okr.docurl	http://documents.worldbank.org/curated/undefined/099135001212235481/P1719510f6c46503909d230883e7a7ca5da
okr.guid	099135001212235481
okr.identifier.externaldocumentum	33709506
okr.identifier.internaldocumentum	33709506
okr.identifier.report	168100
okr.imported	true	en
okr.language.supported	en
okr.pdfurl	http://documents.worldbank.org/curated/en/099135001212235481/pdf/P1719510f6c46503909d230883e7a7ca5da.pdf	en
okr.region.administrative	Europe and Central Asia
okr.region.country	Kosovo
okr.topic	International Economics and Trade::Foreign Direct Investment
okr.topic	Law and Development::Settlement of Investment Disputes
okr.topic	Macroeconomics and Economic Growth::Investment and Investment Climate
okr.topic	Private Sector Development::Legal Regulation and Business Environment
okr.unit	EFI-ECA-MTI-MacroFiscal-2 (EECM2)