IMPORTANCE OF KOSOVO DIASPORA IN ECONOMIC DEVELOPMENT

HAMDI HOTI1, RIFAT HOXHA2, REMZI AHMETI3

Authors country of origin: Kosovo1/2/3
Institutional affiliation: 1/2/3Faculty of Economics, University of Prizren

Abstract

Diaspora has great importance in the economic development of Kosovo. Today Diaspora is the main contributor to economic development in our state and social, cultural, political, and historical development because diaspora all of the time has contributed to the building of Kosovo in every economic field and other social aspects. Therefore, an increase in investment from the diaspora in Kosovo is a key object for economic development, so it should be the main priority for our government.

The government of the Republic of Kosovo should have a serious approach in treating the effectively and efficiently of diaspora and should make a long-term strategy for ensuring better conditions, to make ideal conditions to invest in Kosovo in different fields. Different investments from the diaspora, today require liberal politics and pragmatic and planned strategy development, drafting favorable legal rates for strategic investment in all economic activities. Where such investment from the diaspora presents the most effective way to create new opportunities for jobs and create a condition to increase and develop economically sustainable. Diaspora should stimulate to invest in Kosovo in different fields as in education system, healthcare, tourism, hotel, energy, agriculture, farming, etc. Special importance has investment from the diaspora and its specifically for Kosovo by taking into account condition in how it should be realized economic development.

Keywords: Diaspora, Strategic management, Economic Development, remittances.

Volume 2.No.1(2019): April

ISSN 2661-2666 (Online) International Scientific Journal Monte (ISJM)
ISSN 2661-264X (Print)

DOI : 10.33807/monte.1.201904231

DOI URL: https://doi.org/10.33807/monte.1.201904231

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This is an open-access article under the CC BY-NC-ND license (creativecommons.org/licenses/by-nc-nd/4.0/)