In countries like the US, labour migration used to be considered as a “good” and somewhat natural adjustment process, resulting from the country’s westward expansion. The recent housing crisis has shown, however, the costs of an adjustment process which relies on such a mechanism: migrants have to sell their homes in depressed regions at depressed prices.
Many studies done so far, confirm the strong correlation of corporate governance with the performance of these banks during the financial crisis. Now, more than a decade after the last financial crisis, Kosovo's financial sector has been able to overcome without problems some of the challenges that other countries faced.