Throughout the Western Balkans the transition from state owned enterprises to privately owned enterprises was harsh. In Kosovo, there are major issues regarding interest rates because they have been consistently higher than the regional average during the 15 years since the creation of the banking system. Thus the aim of this paper is to analyze the reasons as to why there is such discrepancy and whether or not this discrepancy is based on sustainable risk analysis. Through this paper we want to analyze the effects of interest rates in poverty reduction and thus the impact they may have in the economical security of individuals.
For the full version of the article: Interest Rates in Kosovo’s Banking System