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Agricultural Finance in Kosovo

Author

Listed:
  • Ekrem Gjokaj

    (University of Pristine, Faculty of Agriculture & Veterinary, Pristine, Kosovo)

  • Kapllan Halimi

    (Leibnitz Institute for Economic Development in Transition Economies, Germany)

  • Muje Gjonbalaj

    (University of Pristine, Faculty of Agriculture & Veterinary, Pristine, Kosovo)

  • Stephen Leeds

    (Strategic Planning and Budgeting, Alexandria, Virginia, USA)

Abstract

Public expenditure on agriculture in Kosovo has been growing massively over the last five years, however, additional resources need to be directed to the sector in order to accelerate the attainment of agriculture�s potential positive impacts on Kosovo�s economic and social development, improve Kosovo�s agricultural competitiveness in the region and meet EU requirements. Agriculture has a share of less than 4 % of total state budget allocations. Yet this is too low a share for a sector that accounts for about 12 % of GDP, provides between 25 - 35 % of employment (mostly in the informal sector), and accounts for 12 % of total exports. Hence an increase in budget allocations should support the consolidation, sustainability and growth of Kosovo�s agro-processing industry, will provide for increased employment, and ensure a secure future for Kosovo�s people and society. This paper presents an analysis of the public finance practice and issues in agriculture in the context of the international public financial management regulations.

Suggested Citation

  • Ekrem Gjokaj & Kapllan Halimi & Muje Gjonbalaj & Stephen Leeds, 2017. "Agricultural Finance in Kosovo," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 1, pages 79-88, March.
    • Handle: RePEc:nwe:eajour:y:2017:i:1:p:79-88
    as

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    File URL: http://www.unwe.bg/uploads/Alternatives/Kosovo_ea_en_br_1_2017-4.pdf
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    References listed on IDEAS

    as
    1. Lopez, Ramon, 2005. "Why governments should stopnon-social subsidies : measuring their consequences for rural Latin America," Policy Research Working Paper Series 3609, The World Bank.
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    Cited by:

    1. Shyhrete Muriqi & Maria Fekete-Farkas & Zsolt Baranyai, 2019. "Drivers of Cooperation Activity in Kosovo’s Agriculture," Agriculture, MDPI, vol. 9(5), pages 1-12, May.
    2. Krasniqi Nol & Nagy Henrietta, 2020. "The Assessment of Three Measures (101, 103, 302) Under the National Plan of Agriculture and Rural Development of Kosovo," Economic and Regional Studies / Studia Ekonomiczne i Regionalne, Sciendo, vol. 13(1), pages 70-86, March.

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    More about this item

    Keywords

    Financial Statement analysis; farms; agriculture loan; Microfinance Institutions;
    All these keywords.

    JEL classification:

    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance
    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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