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Social Science > Demography

You are looking at 1 - 3 of 3 items for :

  • Type: Journal Issue x
  • Kosovo, Republic of x
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Cover Selected Issues Papers
The Challenge of Pension Reform in Kosovo: Republic of Kosovo
Boele Bonthuis
and
Selim Thaci
This paper examines the evolution and challenges of Kosovo's pension system. Since its inception, a basic pension and mandatory individual accounts have formed the key element of Kosovo’s pension system. Over the years, the pension system has expanded to include a variety of merit pensions, occupational pensions, and a legacy pension. While spending on the basic pension remains relatively low compared to international standards, there should be a more restrictive approach to special pension benefits. To enhance the clarity and effectiveness of pension indexation, it is essential to clearly define the index used for adjustments of the basic pension.
Keywords:
Pension policy; basic pension; special pension; retirement; pension spending; legacy pension; pension indexation; merit pension; merit pension schemes; Pensions; Pension reform; Aging; Europe
Cover Selected Issues Papers
Labor Market Integration and Migration: Republic of Kosovo
Stephen Ayerst
This paper highlights recent trends in the Kosovo labor market and emigration. Like other Western Balkan countries, Kosovo experienced a sharp decline in population over the previous decade, as emigration increased. Using a structural model of the labor market and migration, the paper examines the potential impact of further EU integration. While lower migration costs hurt the economy, productivity convergence brought on by EU integration has an offsetting impact by increasing wages, lowering unemployment, and increase immigration. Policy simulations show that policymakers have a diverse set of tools—including structural reforms, active labor market policies, business support, and labor participation support—to boost potential and support the labor market.
Keywords:
Kosovo; Labor Markets; Population; Migration; EU integration; Policy simulation; labor market integration; Kosovo economy; labor market challenge; Unemployment; Labor shortages; Western Europe
Cover IMF Staff Country Reports
Republic of Kosovo: First Reviews Under the Stand-By Arrangement and the Arrangement Under the Resilience and Sustainability Facility and Request for Modification of Reform Measure-Press Release; Staff Report; and Statement by the Executive Director for Republic of Kosovo
International Monetary Fund. European Dept.
This paper presents Republic of Kosovo’s First Reviews Under the Stand-By Arrangement (SBA) and the Arrangement under the Resilience and Sustainability Facility (RSF) and Request for Modification of Reform Measure. The authorities are making very good progress in implementing their policy agenda under the Fund-supported arrangements. The SBA continues to provide a key policy anchor, and the RSF continues to support Kosovo’s climate change mitigation and adaptation efforts including by catalyzing additional climate financing. Program ownership remains strong. All quantitative performance criteria and indicative targets have been met. Structural benchmarks under the SBA and reform measures under the RSF have been implemented. Actions required for subsequent reviews are progressing as expected or have been strengthened. The RSF is laying the foundations for greener and more efficient energy markets and supporting reforms in other areas. The RSF increased the policy space to strengthen the regulatory framework to attract private investment into renewable energy, improve energy market functioning, expand green electricity generation, reduce air pollution and emissions, strengthen energy security, improve the targeting of energy subsidies, and increase preparedness for the implementation of carbon pricing.
Keywords:
RSF reform measure; budget spending; revenue performance; private sector consumption; RSF arrangement; budget revenue; management framework; Budget planning and preparation; Pensions; Pension spending; Aging; Global