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

read more

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

read more

MEASURING REGIONAL DEVELOPMENT DISPARITIES: SOME METHODOLOGICAL CONTRIBUTIONS AND EVIDENCE FROM ARMENIA AND SERBIA

Tigran MNATSAKANYAN

Ph.D. in Economics, Armenian State University of Economics

tigran.mnatsakanyan.am@gmail.com

Ruben HAYRAPETYAN

Doctor of Sciences in Economics, Professor, Armenian State University of Economics, City Councilor at Yerevan City Council

ruben_hayrapetyan@yahoo.com

Dejan MOLNAR

Ph.D. in Economics, Associate Professor, University of Belgrade – Faculty of Economics

dejan.molnar@ekof.bg.ac.rs

Abstract

There are manifestations of regional development disparities in almost every country, but this phenomenon is especially dangerous in those countries that have only one “center of gravity”. Significantly more developed capital can transform itself from “center of gravity” to a “black hole” by emptying the potential of the regions. To prevent such a destructive scenario, it is firstly necessary to disclose the roots of regional development disparity, and the reasons for its subjective perception. Without these steps, any intervention, policy, or measure taken or implemented by the state can aggravate further disproportion or at least be ineffective. Only after discovering the above-mentioned roots, it will become possible to develop a comprehensive strategy for overcoming regional disproportionate development and derive from it a complex of effective measures. All these goals are intended to be achieved within the framework of the research funded by the Science Committee of the Ministry of Education, Science, Culture and Sports of the Republic of Armenia within the support program for young researchers (project code: 19YR-5B038). This paper focuses mainly on discussion of regional disparity measurement tools and development of a tool appropriate not only for accurate measurements, but also for serving as a motivational tool for authorities. Calculations have been made for Armenia and Serbia, taking into consideration several key similarities of economic, social, and cultural nature, which have significantly influenced the perception of local governance and role of communities, as well as the mindset toward socioeconomic processes in general.

Keywords: regional development, regional disparity, measurement, development indicator, governance

JEL classification: H700, H770, H830, R500, R580

 pp. 327-348

read more