Investment, economic growth and Kosovo's judicial sector

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Title: Investment, economic growth and Kosovo's judicial sector
Author: Bajrami, Kushtrim
Abstract: The inflow of FDI is vital for supporting successful transition of Kosovo’s economy. The FDI will enhance the economic development, improve trade balance, reduce unemployment and support the development of the private sector. These represent the basis for a sustainable economic development of Kosovo. Although local courts recognize foreign arbitral awards, enforcement is often weak and disputes can take a lengthy time to resolve. While the basic legislation of a market-oriented economy is in place, determining property ownership remains a significant challenge. These legal uncertainties, in addition to poor implementation of laws and contract enforcement, and an underdeveloped judiciary, hinder foreign investment and economic growth. A huge number of administrative and burecratic barriers remain as a serious challenge for Kosovo’s business investment environment. There is a lack of fully functional authority that could serve as a one single point authority for foreign investors. This would provide information and assistance in the process of investment. This capstone project explored the factors, motives and barriers for foreign investment in Kosovo.
Description: Includes bibliographical references.
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Date: 2012-11-14

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