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Economic trends in times of pandemics: Kosovo case

Author

Listed:
  • Ismail Mehmeti

    (Management Faculty, University of Applied Science, str. Universiteti nn, 30000, Ferizaj, Kosovo)

  • Sokol Krasniqi

    (Management Faculty, University of Applied Science, str. Universiteti nn, 30000, Ferizaj, Kosovo)

Abstract

This paper aims to address the effects of the pandemic on the economy and investments in the region - focus Kosovo, compared to the countries of the Western Balkans. CoVid-19 has caused economic shocks worldwide, where many people have lost their jobs, and this has created a negative chain effect on the economic structure in Kosovo as well. The economy consists of a structure in which participate many parties that are interconnected in a chain with each other such as state institutions, companies (manufacturing, trade, services, etc.), employees, suppliers, local and international financial institutions, potential customers, investors, etc., any disconnect in this chain causes a negative economic reaction which will have long-term implications for business recovery. Also, Foreign direct investment in Kosovo is one of the main determinants of the country's development, due to the pandemic many planned investments have been re-oriented in other directions. This study also aims to identify the economic situation and the level of investment decline for this pandemic period, aiming to identify - as proposals - measures to be taken in order to improve the situation and stimulate a debate on the economic situation in times of pandemic.

Suggested Citation

  • Ismail Mehmeti & Sokol Krasniqi, 2022. "Economic trends in times of pandemics: Kosovo case," International Journal of Business Ecosystem & Strategy (2687-2293), Bussecon International Academy, vol. 4(1), pages 77-86, January.
    • Handle: RePEc:adi:ijbess:v:4:y:2022:i:1:p:77-86
    DOI: 10.36096/ijbes.v4i1.311
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    References listed on IDEAS

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    1. Bhaskar Bagchi & Susmita Chatterjee & Raktim Ghosh & Dhrubaranjan Dandapat, 2020. "Impact of COVID-19 on Global Economy," SpringerBriefs in Economics, in: Coronavirus Outbreak and the Great Lockdown, chapter 3, pages 15-26, Springer.
    2. Bhaskar Bagchi & Susmita Chatterjee & Raktim Ghosh & Dhrubaranjan Dandapat, 2020. "Coronavirus Outbreak and the Great Lockdown," SpringerBriefs in Economics, Springer, number 978-981-15-7782-6, October.
    3. Besni̇k A. Krasniqi & Li̇ri̇don Kryeziu & Mehmet Bağiş & Mehmet Nurullah Kurutkan & Sara Idrizi, 2021. "COVID-19 AND SMEs IN KOSOVO: ASSESSING EFFECT AND POLICY PREFERENCES," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 26(01), pages 1-19, March.
    4. Ozili, Peterson & Arun, Thankom, 2020. "Spillover of COVID-19: Impact on the Global Economy," MPRA Paper 99317, University Library of Munich, Germany.
    5. Mustapher Faque & Umit Hacioglu, 2021. "Investigating the impact of Covid-19 pandemic on stock markets:Evidence from global equity indices," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 10(7), pages 199-219, October.
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