Gani Asllani, Bedri Statovci


Economic development and growth were and they are still a topic for discussion among economists, creators and bearers of economic policies, experts and media. In this study paper are touched some of the basic matters of economic development and growth, their measurement, factors influencing in development and economic growth and their reflection in the life standard of different countries of the world. Furthermore a special emphasis have western Balkan countries which after 2000 have written down insufficient trends of economic growth, investment growth, consumption and in creation of new jobs. Certainly, in economic development and growth have impact many other factors such as: historical, geographical, demographic, social, cultural and many other factors, therefore national economies (dependently from their size) are very complex and heterogenic communities and by creators of the economic policies needs their adjustments and structuring in that way that the bearers of decision-makers to adopt adequate policies at the macro and micro- economic level.


economic development, economic growth, development rate, economic structure


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IMF Working Paper, Boosting Job Growth in the Western Balkans, January 2014; The Aspen Institute, Germany. The Aspen Southeast Europe Program 2014 through the Stability Pact for South Eastern Europe;

www.worldbank, World Bank, GDP per capita (current US), June 2015, NY.GDP.PCAP.CD/countries;

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Gallup (2010) Gallup Balkan Monitor: Insights and Perceptions – Voices from the Balkans, in partnership with the European Fund for the Balkans (2010)

Ministry of Finance of, Kosovo

Ministry of Finance of Albania,

Ministry of Finance of Monte Negro,

Ministry of Finance of Macedonia,

Ministry of Finance of Croatia,

Ministry of Finance of Bosnia and Herzegovina,

Ministry of Finance of Serbia,

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