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The World Bank Europe and Central Asia Region World Bank Group Transitional Support Strategy for Kosovo

By The World Bank

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Book Id: WPLBN0000189439
Format Type: PDF eBook
File Size: 0.1 MB
Reproduction Date: 2005
Full Text

Title: The World Bank Europe and Central Asia Region World Bank Group Transitional Support Strategy for Kosovo  
Author: The World Bank
Volume:
Language: English
Subject: Economics, Finance & business, World Bank.
Collections: Economics Publications Collection
Historic
Publication Date:
Publisher: The World Bank

Description
Economics

Excerpt
The United Nations (UN) Security Council Resolution that brought an end to the recent conflict has called for a coordinated international effort to support Kosovo?s post-conflict reconstruction and recovery.1 It is in response to this request that Bank2 assistance is proposed. Kosovo is a province of the Republic of Serbia, one of the two constituent republics of the Federal Republic of Yugoslavia (FRY). The former Yugoslavia (Socialist Federal Republic of Yugoslavia) ceased to be a member of the World Bank Group in February 1993 and FRY has not succeeded to the membership of the SFRY in the Bank Group organizations.3 Nevertheless, the use of Bank resources and facilities in the form of assistance to Kosovo proposed in this memorandum would benefit members as a whole by contributing to a more peaceful and prosperous economic future for the Southeastern Europe (SEE) region. Moreover, in the context of the Bank?s role as co-chair of the SEE High Level Steering Group of international donors, Bank support to Kosovo is also likely to be a catalytic factor in raising additional support in a broad international donor effort. This memorandum sets out a Transitional Support Strategy (TSS) for Bank assistance to Kosovo over the next 18 months to enable the Bank to respond to this call to the international community. This memorandum adds to the earlier paper outlining a framework for emergency assistance to Kosovo by setting out the legal status and governance structure of the province which were not yet fully defined in early July, as well as details on damage from the conflict, also not available at that time.

 

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