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Economic Performance of the Economy of Kosovo and Metohija

Author

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  • Radojko LUKIC

    (University of Belgrade, Serbia.)

Abstract

The problem of analysing the factors of the dynamics of the economic performance of every economy, which means the economy of the southern provinces of Serbia, the economy of Kosovo and Metohija, is continuously very current, challenging, significant, and complex. Adequate control of key factors can significantly influence the achievement of the target economic performance of any economy. The application of multi-criteria decision-making methods enables adequate control of the key factors of the economic performance of each economy. Taking this into account, this paper analyses the dynamics of the economic performance of the economy of Kosovo and Metohija in the period 2013 - 2022 based on the LMAW-DNMA method. In the top five years according to the economic performance of the economy of Kosovo and Metohija according to the LMAW-DNMA methods, it falls in the following order: 2022, 2021, 2019, 2017 and 2018. The worst economic performance of the economy of Kosovo and Metohija was achieved in 2020, partly due to the corona virus pandemic. Recently, the economic performance of the economy of Kosovo has improved significantly and Metohija. Adequate management of the analysed statistical variables (gross domestic product, inflation, agriculture, industry, export, import, capital, income, and taxes) influenced this. Similarly, the economic climate, foreign direct investments, the energy crisis, the digitalisation of the company's entire operation, and other factors. Their adequate control can greatly influence the achievement of the target economic performance of the economy of Kosovo and Metohija.

Suggested Citation

  • Radojko LUKIC, 2024. "Economic Performance of the Economy of Kosovo and Metohija," Management and Economics Review, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 9(1), pages 120-137, February.
  • Handle: RePEc:rom:merase:v:9:y:2024:i:1:p:120-137
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    References listed on IDEAS

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    More about this item

    Keywords

    performance; economy; Kosovo and Metohija; LMAW-DNMA method.;
    All these keywords.

    JEL classification:

    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • L32 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Enterprises; Public-Private Enterprises

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