The Role and Forms of Financing from the Ebrd - Focusing on Kosovo During the Years 2013-2020

Abstract

This paper analyzes the roles of European Bank for Reconstruction and Development (EBRD) strategic financing in Kosovo from 2013 to 2020, focusing on economic impacts and development progress. Using a quantitative and comparative approach, this study uses secondary data analysis, supported by statistical tools in Microsoft Excel, to assess the effectiveness of EBRD investments in different sectors within Kosovo. Statistical and comparative data shows the sectors and amounts of support from the EBRD for Kosovo over the years, both before and after its admission to the EBRD. A retrospective of the history of the establishment of the EBRD, the operation process of its banking system, the way the bank finances projects and its impact on the economic development of a country, namely Kosovo, was also discussed. The findings reveal significant EBRD investments, mainly in SMEs and infrastructure, contributing to competitive gains and sustainable development. The study details the volume of investments and their distribution across different sectors, highlighting key impacts on employment and green energy initiatives. This research enriches the literature on the roles of international financial institutions in post-conflict economic development by providing a nuanced understanding of the EBRD's strategic priorities and operational outcomes in transition economies. The practical implications of the study provide policy makers and development agencies with insights into practical strategies for leveraging international finance for economic growth and sustainability. Recommendations are given to increase the focus on renewable energy and infrastructure, in line with the global goals of sustainable development.