Privatization in post-war Kosovo: Legal review

Author:

Ibraimi Xhemazie1ORCID

Affiliation:

1. AAB College

Abstract

The main purpose of this paper is to analyze privatization in Kosovo as a complex legal process of redistribution of social wealth to private individuals or certain enterprises. The privatization process in Kosovo cannot be compared with the privatizations of countries in the region due to its economic and political specifics, as a country with economies in transition and high levels of corruption (Borošak, 2018). To study this phenomenon, we will analyze the data published by the complaints received from the Kosovo Trust Agency (KTA) the decisions of the Special Chamber as well as the judgments of the Special Chamber for human rights. Data analysis concludes on descriptive statistics, analysis of domestic laws, and regulations of the United Nations Interim Administration Mission in Kosovo (UNMIK), reports from the World Bank, processed cases, and Special Chamber court decisions on privatizations. The study concludes that the process of privatization of socially owned property has caused conflicts between the descendants as property owners before their confiscation, privatization has further destroyed the country’s economic development rather than improving the well-being and lives of its citizens. This paper is of great importance for policy makers, officials, scholars as the processing, publication of data, and sanctioning will enable this phenomenon that has become a new way of enrichment to be stopped and the state to be built for society and to belong to society.

Publisher

Virtus Interpress

Subject

Strategy and Management,Public Administration,Economics and Econometrics,Finance,Business and International Management

Reference58 articles.

1. Acemoglu, D., & Robinson, J. (2012). Why nations fail. London, England: Profile Books Ltd.

2. Adam, C., Cavendish, W., & Mistry, P. S. (1992). Adjusting privatization: Case studies from developing countries. London, England: J. Currey.

3. Administrative order of Regulation of UNMIK No. 2008/4. Retrieved from https://unmik.unmissions.org/sites/default/files/regulations/03albanian/A2008regs/RA2008_04.pdf

4. Assembly of Kosovo. (2006). Law of Administrative Procedure No. 02/L-28. Retrieved from http://old.kuvendikosoves.org/common/docs/ligjet/2005_02-L28_en.pdf

5. Assembly of Kosovo. Law No. 03/L-139. For the expropriation of immovable property. Retrieved from http://old.kuvendikosoves.org/common/docs/ligjet/2009_03-L-139_en.pdf

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