Agriculture Finance in Kosovo : Creating an Agri-Finance Market

The study, conducted assesses the current state of agricultural finance in the Republic of Kosovo (Kosovo) and determine ways to improve the provision of finance to Kosovo's growing agricultural economy. The study is aimed at informing the ful...

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Main Author: International Finance Corporation
Format: Report
Language:English
Published: International Finance Corporation, Pristina, Kosovo 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/235701550000063593/Agriculture-Finance-in-Kosovo-Creating-an-Agri-Finance-Market
http://hdl.handle.net/10986/31288
id okr-10986-31288
recordtype oai_dc
spelling okr-10986-312882021-05-25T09:21:38Z Agriculture Finance in Kosovo : Creating an Agri-Finance Market International Finance Corporation AGRICULTURAL FINANCE BUSINESS ENVIRONMENT AGRICULTURAL PRODUCTIVITY FOOD PROCESSING INVESTMENT CLIMATE LENDING INSURANCE The study, conducted assesses the current state of agricultural finance in the Republic of Kosovo (Kosovo) and determine ways to improve the provision of finance to Kosovo's growing agricultural economy. The study is aimed at informing the full range of stakeholders about the best options to scale up financial services for agriculture. The study relies on data from available statistics as well as on individual and group discussions with stakeholders. Kosovo's business environment is improving, despite slow advancement in the capacity and function of the public institutions responsible for providing guidance and direction to the industry. Government focus on the World Bank (WB) Doing Business indicators has produced encouraging results. According to the Doing Business 2018 report, Kosovo is currently ranked 40th in the world, up from 126th in 2012, a leap of 86 places. In ease of starting a business, Kosovo very substantially improved its ranking, by 160 places. A law on strategic investments is under consideration, and attention is being given to support public institutions that improve the business environment, such as the Business Registration Agency, which ultimately will support investors. These developments are taking place in an economy marked by high general unemployment (30.5 percent) and very high youth unemployment (52.7 percent). The public sector remains the dominant employer and pays higher wages on average than he private sector. The supply of skilled workers is insufficient to satisfy private sector demand. Small and medium enterprises dominate the economic landscape; while these are increasing in number, few grow into larger entities. 2019-02-14T21:24:25Z 2019-02-14T21:24:25Z 2018-03-01 Report http://documents.worldbank.org/curated/en/235701550000063593/Agriculture-Finance-in-Kosovo-Creating-an-Agri-Finance-Market http://hdl.handle.net/10986/31288 English CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo International Finance Corporation International Finance Corporation, Pristina, Kosovo Economic & Sector Work :: Other Financial Sector Study Economic & Sector Work Europe and Central Asia Kosovo
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic AGRICULTURAL FINANCE
BUSINESS ENVIRONMENT
AGRICULTURAL PRODUCTIVITY
FOOD PROCESSING
INVESTMENT CLIMATE
LENDING
INSURANCE
spellingShingle AGRICULTURAL FINANCE
BUSINESS ENVIRONMENT
AGRICULTURAL PRODUCTIVITY
FOOD PROCESSING
INVESTMENT CLIMATE
LENDING
INSURANCE
International Finance Corporation
Agriculture Finance in Kosovo : Creating an Agri-Finance Market
geographic_facet Europe and Central Asia
Kosovo
description The study, conducted assesses the current state of agricultural finance in the Republic of Kosovo (Kosovo) and determine ways to improve the provision of finance to Kosovo's growing agricultural economy. The study is aimed at informing the full range of stakeholders about the best options to scale up financial services for agriculture. The study relies on data from available statistics as well as on individual and group discussions with stakeholders. Kosovo's business environment is improving, despite slow advancement in the capacity and function of the public institutions responsible for providing guidance and direction to the industry. Government focus on the World Bank (WB) Doing Business indicators has produced encouraging results. According to the Doing Business 2018 report, Kosovo is currently ranked 40th in the world, up from 126th in 2012, a leap of 86 places. In ease of starting a business, Kosovo very substantially improved its ranking, by 160 places. A law on strategic investments is under consideration, and attention is being given to support public institutions that improve the business environment, such as the Business Registration Agency, which ultimately will support investors. These developments are taking place in an economy marked by high general unemployment (30.5 percent) and very high youth unemployment (52.7 percent). The public sector remains the dominant employer and pays higher wages on average than he private sector. The supply of skilled workers is insufficient to satisfy private sector demand. Small and medium enterprises dominate the economic landscape; while these are increasing in number, few grow into larger entities.
format Report
author International Finance Corporation
author_facet International Finance Corporation
author_sort International Finance Corporation
title Agriculture Finance in Kosovo : Creating an Agri-Finance Market
title_short Agriculture Finance in Kosovo : Creating an Agri-Finance Market
title_full Agriculture Finance in Kosovo : Creating an Agri-Finance Market
title_fullStr Agriculture Finance in Kosovo : Creating an Agri-Finance Market
title_full_unstemmed Agriculture Finance in Kosovo : Creating an Agri-Finance Market
title_sort agriculture finance in kosovo : creating an agri-finance market
publisher International Finance Corporation, Pristina, Kosovo
publishDate 2019
url http://documents.worldbank.org/curated/en/235701550000063593/Agriculture-Finance-in-Kosovo-Creating-an-Agri-Finance-Market
http://hdl.handle.net/10986/31288
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