KOSOVO EMPLOYEE’S PERCEPTION OF ECONOMIC GROWTH AND DECENT WORK ACCORDING TO SUSTAINABILITY

This research paper aims to identify how implementation of Goal 8 “Decent work and economic growth” deriving from the UN Sustainable Development Goals is being perceived by employees of the public sector and private sector in Kosovo. This paper aims to investigate perceptions of the employees on decent work and explore the path how employees, employers, social partners and public policymakers contribute to a united response to the implementation of sustainability dimensions to foster community cohesion and promote common vision. In a discovery seeking environment, as a research method was used survey. The sample consists of 201 respondents that targeted employees of either private or public sector in different regions of the country. Data collected were analyzed using Independent T-Test and Spearman’s rank order correlations. The study reveals that there is no mean difference between perceptions of females and males about the economic growth in the country and impact on incomes. Economic growth is moderately related with the opportunity of being able to cover basic living expenses. Moreover, the perceptions of the integrity protection at workplace and being able to cover basic living expenses is moderately intertwined with the equal pay for equal value. Safety and physical security at workplace is also moderately related to protection of integrity in the workplace. Perceptions of respondents on economic growth are moderately associated with working sector.

Filipos RUXHO - Assistant Professor, Department of Business Management, Universum International College, Kosovo E-mail: filip.ruxho@universum-ks.org

J10, J13, J40, O10, O40

PUBLIC DEBT AS A DETERMINANT OF THE ECONOMIC GROWTH IN KOSOVO

This article investigates the impact of public debt on economic growth in Kosovo. By analyzing secondary data, we aim to determine whether increasing public debt levels have stimulated or hindered economic growth. The study employs an econometric model to quantify this relationship, providing valuable insights for policymakers and economists. The findings suggest a nuanced impact of public debt on economic growth, with implications for fiscal policy and sustainable development strategies in Kosovo. Empirical results suggest negative relationship between public debt and economic growth controlling for other determinants of growth trade openness, total investment, current account balance and primary balance. The results also confirmed the existence of a “U inverted” relationship between public debt and economic growth.

Filipos RUXHO - Professor Assistant, Faculty of Agribusiness, Haxhi Zeka University, Peja, Republic of Kosovo. filipos.ruxho@unhz.eu

Dimitrios P. PETROPOULOS - Professor, Dean of the School of Agriculture and Food University of Peloponnese, Greece. d.petropoulos@uop.gr

Dimas Angga NEGORO - Profesor Assistant Esa Unggul University, Indonesia. dimas.angga@esaunggul.ac.id

H63, E60, O10, O40

THE INSTITUTIONAL IMPACT ON TOURISTIC INDUSTRY IN SOUTHERN EUROPEAN UNION COUNTRIES

The tourism industry in Southern European Union (EU) countries is a critical economic sector, significantly contributing to GDP and employment. This paper investigates the role of institutional factors in shaping the tourism industry in these regions, examining how governance, regulatory frameworks, and policy measures influence tourism development. The study focuses on evaluating the institutional impact on tourism through qualitative and quantitative analyses. The findings underscore the importance of effective governance and robust institutional frameworks in fostering a resilient and competitive tourism sector. This research explores the impact of institutional quality on tourism development in a panel of southern countries within the European Union over the period. Tourism development is evaluated using the number of tourist arrivals, with control variables such as GDP growth rate, inflation, higher education, quality of the environment, and trade, representing key determinants of tourism. Institutional quality is gauged using indicators of government effectiveness, political stability, regulatory quality, rule of law, and voice and accountability. The study utilizes the Fully Modified Ordinary Least Square (FMOLS) and Dynamic Ordinary Least Squares (DOLS) estimators to assess the influence of these determinants on tourism development. The findings demonstrate a positive correlation between institutional quality and tourism, providing valuable insights into the role of institutions in tourism management and their impact on the sector.

Fejzulla BEHA - Professor Assistant, Departament of Business and Management, Universum International College, Pristina, Kosovo. fejzulla.beha@universum-ks.org

Antoneta POLO - Associate Professor, Faculty of Economics, University “Eqrem Çabej”, Gjirokastra, Albania. neta_polo@yahoo.com

Carolina PALMA - Professor Assistant, Instituto Politécnico de Beja, Portugal. carolinapalma6f@hotmail.com. (Corresponding Author)

E60, O40