Honourable Ambassador Apostolova, Dear Minister Hamza, Dear Mr. Taylor, Distinguished representatives of local and international institutions, Dear participants,  It is my pleasure to participate in the presentation of the "Transition Report for 2019" which also marks the 12th anniversary of the Republic of Kosovo's membership in the European Bank for Reconstruction and Development.
1  2  See Rajan, R. (2005), “Has Financial Development Made the World Riskier?” NBER Working Papers, 11728. BIS central bankers’ speeches  In principle, the process of opening global markets – or globalisation – should make global growth more resilient by allowing policymakers around the world to factor in external demand when designing their growth strategies.