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...
Main Author: | |
---|---|
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 |
_version_ |
1764473985930625024 |