Session
Management, Business and Economics
Description
Emigration plays a fundamental role in shaping the economic, social, and political developments in the Kosovo. In fact, in the last decades, no other phenomenon has influenced the country more than emigration. Even in the case of best social-economic scenarios for the near future, it is reasonable to assume that emigration will persist, as shown in examples of other European countries, where emigration, once started, lasted for decades or even centuries. A new strategic vision for the country's development must be defined, which must imply the shifting from the consumption growth model financed by remittances and building a model based on investments, exports, and innovations. This strategy must maximize the positive impact of remittances, on development, and limit their negative impact.
Keywords:
Remittances, Growth, Economic Development in Kosovo.
Session Chair
Ylber Limani
Session Co-Chair
Nehat Dobratiqi
Proceedings Editor
Edmond Hajrizi
ISBN
978-9951-550-19-2
First Page
115
Last Page
124
Location
Pristina, Kosovo
Start Date
26-10-2019 1:30 PM
End Date
26-10-2019 3:00 PM
DOI
10.33107/ubt-ic.2019.353
Recommended Citation
Vranovci, Shpresim, "Remittances Support the Growth of Developing Countries" (2019). UBT International Conference. 353.
https://knowledgecenter.ubt-uni.net/conference/2019/events/353
Included in
Remittances Support the Growth of Developing Countries
Pristina, Kosovo
Emigration plays a fundamental role in shaping the economic, social, and political developments in the Kosovo. In fact, in the last decades, no other phenomenon has influenced the country more than emigration. Even in the case of best social-economic scenarios for the near future, it is reasonable to assume that emigration will persist, as shown in examples of other European countries, where emigration, once started, lasted for decades or even centuries. A new strategic vision for the country's development must be defined, which must imply the shifting from the consumption growth model financed by remittances and building a model based on investments, exports, and innovations. This strategy must maximize the positive impact of remittances, on development, and limit their negative impact.