How does financial market development and goods market efficiency affect national economic competitiveness: Kosovo case study?

The recent global financial market has highlighted the critical importance of financial markets for the functioning of national economies. Business investment is essential for economic growth. Therefore, economies require sophisticated financial markets that can make capital available for private sector investment. An efficient banking and financial sector also ensure that entrepreneurs have access to capital for start-up firms. On the other hand, countries with efficient markets that are well positioned to produce the right mix of products and services are also the backbone of future business activity. Business productivity is closely correlated with a healthy competition policy and regulatory environment. This study adopts the Porters’ competitiveness approach to assess the financial market and market efficiency in Kosovo. The impact of these important dimensions for national competitiveness is based on both quantitative and qualitative data analysis