Building Peace in South East Europe: Macroeconomic Policies and Structural Reforms Since the Kosovo Conflict
A joint International Monetary Fund-World Bank paper for the Second Regional Conference for South East Europe
Bucharest, 25-26 October 2001

Kosovo: Macroeconomic Issues and Fiscal Sustainability
February 12, 2001

The Economic Consequences of the Kosovo Crisis: An Updated Assessment
May 25, 1999

Press Briefing: The International Comunity Responds to the Kosovo Crisis
April 28, 1999

The International Community Reponds to the Kosovo Crisis
April 27, 1999

The Economic Consequences of the Kosovo Crisis: A Preliminary Assessment of External Financing Needs and the Role of the Fund and the World Bank in the International Response
April 16, 1999

IMF Assistance to Post Conflict Countries

Kosovo -- Progress in Institution-Building and the Economic Policy Challenges Ahead

December 6, 2001

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Table of Contents

  1. Introduction

  2. Political and Institutional Developments Since the End of the Conflict

  3. Recent Economic Trends and Policies
    1. Production, Income, and Poverty
    2. Public Finances
    3. The Financial Sector

  4. Toward Sustainable Economic Development: Policy Priorities for the Near Term
    1. Fiscal Sustainability
    2. Financial Sector Deepening
    3. Private Sector Development
    4. Good Governance

  5. Concluding Observations

 
Text Boxes
1.
 The New Constitutional Framework
2.
 Budgetary Structure
3.
 Chronology of Developments in the Insurance Sector
4.
 The Proposed Privatization Plan
 

Figures

1.
 Medium-Term Projections of Expenditure, 2000-2006
2.
 International Comparisons of Current Expenditure
 
Tables
1.
 GDP and National Income, 2000-2001
2.
 Balance of Payments, 2000-2001
3.
 Consolidated Budget, 2000-2002
4.
 Overall Fiscal Position, 2000-2002
5.
 Commercial Bank Balance Sheet, 2000-2001
6.
 International Comparisons of Government Expenditures
 
Appendices
I. The Joint Interim Administrative Structure (JIAS)
II. The Staff's GDP and Balance of Payments Estimates
III. Tax System and Future Plans

1 Kosovo is a province of Serbia in the Federal Republic of Yugoslavia. Following the end of the Kosovo war of March-June 1999, UN Security Council Resolution 1244 (UNSCR 1244) of June 10, 1999 placed Kosovo under temporary UN administration. While reaffirming the sovereignty of the FR Yugoslavia over the territory of Kosovo, UNSCR 1244 authorized the Secretary-General to establish an interim administration that would provide "substantial autonomy and self-government" to the people of Kosovo.