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Tabla de Contenidos: “…statistical capacity has improved significantly, but the access to administrative data and sound quality-management frameworks lag behind -- Planet conserving nature -- Albania is vulnerable to natural hazards -- Albania faces earthquakes, floods, droughts and extreme temperatures -- Albania has improved disaster-prevention legislation, but implementation remains a challenge -- Preserving the quality of Albania's environmental resources is crucial for development -- Air pollution is a serious concern -- Solid waste management and recycling are lacking -- Managing water services is a considerable challenge and will increase in importance -- Better enforcement and implementation of environmental legislation is key -- Transparent decision-making processes in environmental matters and an open dialogue with civil society and other stakeholders are important -- The high reliance on hydropower gives Albania the most renewable energy profile in the region, but it cannot be expanded without environmental burden -- References -- Notes -- Part III Assessing opportunities and constraints in Bosnia and Herzegovina -- Assessing opportunities and constraints in Bosnia and Herzegovina -- 6 Overview: Identifying strategic opportunities for Bosnia and Herzegovina -- Assessing Bosnia and Herzegovina's development performance -- People towards better lives for all -- Prosperity boosting productivity -- Partnerships and financing financing sustainable development -- Peace and institutions strengthening governance -- Planet conserving nature -- Suggestions for strategic priorities for Bosnia and Herzegovina -- References -- 7 Impact of COVID-19 in Bosnia and Herzegovina -- Evolution of the pandemic -- Policy responses and economic impact -- Dimensions of vulnerability to further socio-economic impact from COVID-19 -- Material well-being -- Health and non-material well-being -- References -- Note -- 8 Multi-dimensional analysis of development in Bosnia and Herzegovina -- People towards better lives for all -- Improving well-being for all -- Strengthening the productive potential and equal participation of all citizens, especially women and youth -- Young people and women find themselves outside the labour market -- Women's participation in society is not yet equal -- Labour market institutions need to be strengthened and working conditions improved -- Boosting education quality -- Improving health and social protection outcomes -- Healthcare governance is fragmented, inefficient and not financially sustainable, leading to subpar and inequitable health outcomes -- The social protection financing model is unsustainable and does not provide equal access to benefits for the most needy -- Prosperity boosting productivity -- Weak investment and productivity have constrained economic growth in the post-crisis period -- A fragmented internal market and high bureaucratic burden create a challenging environment for private-sector development -- The large and inefficient SOE sector creates unfair competition for private enterprises -- Infrastructure gaps impede connectivity with the Western Balkans and beyond -- The lack of a skilled workforce and the lack of technology adoption limit the potential for economic upgrading and expansion of the tradable sector -- Partnerships and financing financing sustainable development -- Low domestic savings and limited external financing have constrained investment -- Strong fiscal performance has created ample fiscal space for combatting the COVID-19 crisis -- Strong revenue performance has not translated into quality public services and infrastructure due to high expenditures on wages and transfers and low investment -- Access to finance is limited for SMEs, particularly start-ups and microenterprises -- Peace and institutions strengthening governance -- The decentralisation framework is asymmetric -- Overly complex institutional design undermines the independence, efficiency and transparency of the judiciary -- Personal connections are inevitable in getting things done but may create social exclusion, distort the labour market and weaken administrative capacity -- Fragmented law enforcement and incoherent legislation frustrate anti-corruption efforts -- Poor governance can explain poor SEO performance -- Bosnia and Herzegovina's statistical capacity requires improvement -- Planet conserving nature -- Bosnia and Herzegovina is vulnerable to natural hazards and climate change -- Bosnia and Herzegovina's rich biodiversity and forest coverage is not sufficiently protected -- High levels of air pollution threaten human health, the economy and the environment -- Inadequate waste management poses a risk to the environment and damages natural resources -- Water management must be improved in Bosnia and Herzegovina to ensure a stable drinking water supply in the long run -- Management of public utility services is too fragmented, and prices are set below operational costs -- Bosnia and Herzegovina's environmental legislation is improving, but enforcement remains a challenge -- Bosnia and Herzegovina's high carbon intensity and low energy efficiency are reflected in high GHG emissions -- Bosnia and Herzegovina is heavily reliant on subsidised coal and does not sufficiently incentivise renewable energies -- Outdated energy infrastructure, SOE monopolies and lengthy procedures are key challenges in the energy sector -- References -- Notes -- Part IV Assessing opportunities and constraints in Kosovo -- Assessing opportunities and constraints in Kosovo -- 9 Overview: Identifying strategic opportunities for Kosovo -- Towards a vision for Kosovo in 2030: strong economic growth and rising living standards contributing to healthier and longer lives built on equal access to quality education, strong human capital, respect for the environment and democratic and effect ... -- Assessing Kosovo's development performance -- Sustainable development: summary of Kosovo's performance and key constraints -- Suggestions for strategic priorities for Kosovo -- References -- 10 Impact of COVID-19 in Kosovo -- Evolution of the pandemic -- Policy responses and economic impact -- Dimensions of vulnerability to further socio-economic impact from COVID-19 -- Material well-being and social protection -- Health and non-material well-being -- References -- 11 Multi-dimensional analysis of development in Kosovo -- People towards better lives for all -- Improving well-being for all -- Regional inequalities are evident in access to basic infrastructure, and minority groups risk being left behind -- Prioritising quality jobs for all -- Young people and women find themselves outside the labour market -- Labour market institutions need to be strengthened and working conditions improved -- Boosting education quality -- Improving health and social protection coverage -- Kosovo's health system fails to deliver quality results and access to care -- The equity and targeting of Kosovo's social protection schemes can be improved -- Ensuring social inclusion of women beyond the labour market -- Achieving social cohesion -- Prosperity boosting productivity -- Kosovo's growth model over the past decade has undermined competitiveness and discouraged productivity-enhancing investment and job creation -- Domestic demand has largely driven economic growth over the past decade -- Investment has supported the growth of non-tradable services and real estate -- Low productivity and high wage growth have limited job creation and weakened competitiveness -- Towards more sustainable growth -- A more reliable electricity supply can improve investment prospects -- Strengthening governance and improving the business environment will reduce the cost of doing business in Kosovo and enhance trust in institutions -- Corruption and weak contract enforcement -- The administrative and bureaucratic burden remains high -- Partnerships and financing financing sustainable development -- Kosovo's economy needs more diversified financing for investment and growth -- Revenue performance has been weak on account of the low tax rates, limited tax base and inefficient tax collection -- Government current expenditures have crowded out investment in priority areas for development -- Access to finance is particularly constrained for SMEs -- Peace and institutions strengthening governance -- An overly complicated structure and…”

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