These are: (1) The impact of the Great Recession and the associated Global Financial Crisis on the growth of output, both in the short term and over the longer term. (2) The reform of the financial sector – in other words, how much progress have we made in creating a safer and more stable post-crisis financial environment?
The concept of transition elaborated by the EBRD report rightly argues that a well-functioning 1/2  BIS central bankers' speeches  market economy must be competitive, inclusive, well-governed, environmentally friendly, sustainable and integrated. We welcome the conclusions and recommendations from the transition report and consider them to be a good guide for Kosovo’s economic perspective.