Author : Arben Tërstena and Gazmend Deda

The environment as a term implies natural, social space and the infrastructure in general. It is widely acknowledged and accepted that the improvement of a business environment – including financial, regulatory, legal, and institutional aspects – has a positive impact on the overall development of the private sector. In this paper we tried to identify the challenges and their impact on business in Kosovo and to present an actual survey of this significant economic activity. We have developed this study based on three following methods: the method of collecting analysis and information of professional character, the comparative method and the quantitative method. Also the aim of this analysis of challenges that refer to business environment in general, strengths and weaknesses, the opportunities and risks that can occur during the process of transition and the role of government will be analyzed in relation to the stimulation of decreasing negative barriers to improve the overall environment.

Keywords: Challenges of SMEs, business environment, economic expansion, barriers in doing business, employment, macroecomic factors, international trade

Article published in International Journal of Current Engineering and Technology, Vol.9, No.4 (July/Aug 2019)