wiiw Forecast Reports
KOSOVO: The exodus of young people from a poor country
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The growth outlook for Kosovo had to be revised downwards slightly owing to a longer than expected political stalemate besetting the formation of a new government as well as an exodus of the younger members of the population. However, while the level of economic activity is still extremely low in Kosovo, its dynamics are more promising. GDP growth in both 2014 and 2015 is expected to hover around 4%, mainly on account of strong household consumption fuelled by pre-election public wage increases and a rise in remittances.
Countries covered: Kosovo