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Neue Zürcher Zeitung - Switzerland | Thursday, February 14, 2008

The Kosovo before independence

Not only political independence will present a major challenge to the government of an independent Kosovo. It will also be hard to get the economy going, believes Thomas Muster. Currently annual per capita GDP is only 1,100 euros - well below that of other countries in the region. In fact, though, Kosovo has large reserves of raw materials like lignite, lead or zinc. "The current state of Kosovo's economy does ... little to inspire confidence. Among the province's some two million inhabitants around 40 percent of those able to work are unemployed. Here youth and long-term unemployment are particularly serious problems. The infrastructure and energy supply are both in a wretched state, and in view of the volatile political environment and widespread corruption, foreign investors are showing little interest in making generous commitments."

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