Tag: M10

THE REGIONAL ECONOMIC INDICATORS AND ECONOMIC DEVELOPMENT OF KOSOVO

Christos Ap. LADIAS

Professor, Regional Science Inquiry Journal, Greece

Ladias@rsijournal.eu

Filipos RUXHO

Professor Ass. Dr., Department of Business and Management, Universum College, Kosovo

filip.ruxho@universum-ks.org

Corresponding Author

Fernando José Calado e Silva Nunes TEIXEIRA

Professor Ass. Dr., Faculty of Economy, Institute Polytechnic de Beja, Portugal

fernando.teixeira@ipbeja.pt

Susana Soares Pinheiro Vieira PESCADA

Professor Ass. Dr., Faculty of Economy, University of Algarve, Portugal

spescada@ualg.pt

Abstract

This paper examines the importance of regional economic indicators in the economic development of Kosovo. Regional economic indicators provide valuable insights into the economic performance and potential of different regions within a country. By analyzing these indicators, policymakers can design targeted strategies that promote economic growth and reduce regional disparities. In Kosovo, regional economic disparities have been a persistent challenge, with some regions experiencing significantly higher levels of poverty and unemployment. The paper argues that the adoption of regional economic indicators can help identify and address these disparities. Several indicators are examined, including income per capita, unemployment indicators, and the poverty rate to provide a comprehensive overview of regional economic development in Kosovo. Analysis of secondary data through the method of descriptive statistics reveals significant disparities in different regions and underlines the need for targeted policies and interventions. In conclusion, it underlined the importance of developing a strong and reliable system for the collection and reporting of regional economic indicators, which can inform evidence-based policy-making and support a more equitable and sustainable regional economic development in Kosovo.

Keywords: dicator, regional development, income per capita, decent work

JEL classification: J30, J80, O10, M10, R10, R58

pp. 73-83

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THE LOGISTIC DRIVERS AS A POWERFUL PERFORMANCE INDICATOR IN THE DEVELOPMENT OF REGIONAL COMPANIES OF KOSOVO

Filipos RUXHO

Professor Ass. Dr. , Department of Business and Management, Universum College, Kosovo,

filip.ruxho@universum-ks.org

Christos Ap. LADIAS

Professor, Regional Science Inquiry Journal

Ladias@rsijournal.eu

Abstract

Regional companies in Kosovo operate in challenging economic conditions that hinder their ability to survive and develop. However, the management of logistics supply chain managers can increase their performance and help in their further development. The main purpose of this research is to investigate whether the management of logistics supply chain drivers can serve as a formal predictor and driver of the development of regional companies in Kosovo. The study aims to help Kosovo’s regional companies in a formal and independent way to integrate with supply chains, increasing their performance and development amid the difficult economic conditions in which they operate. The research approach and method is based on a quantitative survey conducted among 103 regional companies of Kosovo. Data was analyzed using descriptive statistics and hypotheses are tested using Pearson Correlation Coefficient. The results of the statistical analysis showed that the management of the six logistics drivers of the supply chain affects the increase in the performance of regional companies. It is mainly influenced by the information logistic driver, compared to other drivers, it turns out that over fifty percent of the respondents believe that the information logistic driver is the most important, followed by the next driver with sixteen percent transport, twelve percent facilities, nine percent resources, seven percent inventory and only one percent price. From the analysis of the questionnaire data, the importance and quality of road transport in the performance of regional companies was clearly highlighted. Implications and managerial practices of this research will serve as an aid to policy makers and institutions when designing development initiatives for regional infrastructure, economic zones and locations.

Keywords: logistic drivers, regional development, inventory, transportation, information

JEL classification: R10, R11, R40, R58, M10

 pp. 95-106

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INCREASING FUNDING FOR THE REGIONAL INDUSTRY OF KOSOVO AND THE IMPACT ON ECONOMIC GROWTH

Filipos RUXHO

Prof. Ass. Dr., Vice President for Innovation and External Relations, Universum College, Kosovo

filip.ruxho@universum-ks.org

Christos Ap. LADIAS

Professor, Regional Science Inquiry  Journal, Hellenic Association of Regional Scientists

ladias@rsijournal.eu

Abstract

All research so far, related to financing the needs of SMEs in Kosovo, show that financing remains among the main problems for starting the growth and development of the country’s economy, especially for regional small and medium-sized manufacturing enterprises. This phenomenon has created negative consequences in the growth and development of businesses in general, as well as the growth of investment activities in particular. Despite the fact that SMEs affect the generation of new jobs, poverty reduction and economic growth, SMEs in Kosovo still face various and serious challenges in business development. Among other difficulties, there is access to finance, as well as the possibility of investing from external sources, as internal sources of funding are always insufficient. Due to the strategic importance of the manufacturing industry sector in the economy of a country and knowing that for each job contributes 2.3 new jobs in the total economy, we have selected this research which also corresponds to objective 9 of sustainable development and specifically target 9.3 that promotes increased access of small industrial enterprises and other enterprises, especially in developing countries, to financial services, including affordable loans, and their integration into value chains and markets. Referring to this importance, we conducted research in 103 Kosovo regional manufacturing companies in various sectors. The survey was structured with 16 questions which will be presented in detail in this research and which confirm that the increase of financing in the productive sector contributes to the sustainable economic development of Kosovo and to the reduction of unemployment.

Keywords: Financing, Sustainable Development, SMEs, Regional Industry, target

JEL classification: A10, E43, F65, F66, H60, L60, M10, R10

 pp. 117-126

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