DEVELOPMENT OF THE SECURITIES MARKET IN KOSOVO: CHALLENGES AND PERSPECTIVES

Prof.Dr.Armand Krasniqi-University ,,Hasan Prishtina,,Prishtina  Kosovo

armand.krasniqi@unhz.eu

Abstract

The development of the securities market constitutes an essential component for building a sustainable financial system and for promoting investments in small and transitional economies like Kosovo. This article analyzes the factors that hinder the development of the capital market in Kosovo, identifying the structural, institutional and cultural challenges that have influenced the lack of development of this segment of the financial market. Through an analysis of the international literature and comparisons with the experiences of other Balkan and Central European countries, the article highlights the importance of building a strong legal and institutional infrastructure, promoting financial education, privatization through the stock exchange and regional cooperation. The critical discussion suggests a model adapted for Kosovo, which combines the gradual development of the internal market with regional integration. The article concludes with a series of practical recommendations for creating a sustainable securities market

Volume 10, No.1 (2025): April

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

DOI :  10.33807/monte.20253293

DOI URL:  https://doi.org/10.33807/monte.20253293

Full Text: PDF

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