In order to be able to quantify, analyze and create an overview of the level of sustainable development in Kosovo, students will be provided with data available from the World Bank Development Indicators, the Central Bank of the Republic of Kosovo, the International Monetary Fund, and the Kosovo Statistics Agency. A number of previous studies that have dealt with the topic of sustainable development in Kosovo will also be analyzed in order to extract from them any specific statistics produced in these studies.
Furthermore, students will be introduced to the 2030 Agenda for Sustainable Development and analyze the Sustainable Development Goals. A set of indicators that capture the goals will be released by March 2016, and students will analyze this data in order to evaluate how well they capture or describe all 17 sustainable development goals proposed by United Nations.
Indicators such as GDP or GDP per capita, unemployment rate, foreign direct investments, private sector growth, trade balances, Gini and other inequality indicators are important traditional measures but also have limitations when it comes to assessing sustainable development. Therefore, students will complement their data indicators with additional indicators to be published by March 2016. These indicators will include data for e.g. proportion of the population living below the national poverty line, prevalence of malnutrition, health worker density and distribution, percentage of population using safely managed drinking water services, total government spending in social protection and employment programmes as a percentage of the national budgets and GDP, CO2 emission per unit of value added, ect. All additional data will capture the global level at which development goals are reached, and will be segregated to describe the three pillars of sustainability, economic, social and environmental development.
An important step in understanding and assessing the sustainable development for a country such as Kosovo, is designing the appropriate model to measure the dimension of development. A vast number of models have been designed and tested to capture the dimension of sustainable development over different dependent variables. In this sense, students are encouraged and expected to learn about different modelling techniques, starting from the most common ones such as regression models and think of variables which may significantly impact the sustainable development in Kosovo. By doing so, students will be stimulated to analyze the factors that enhance growth and development in Kosovo and search for the appropriate data that is needed to form the variables.
The work plan consists of three phases: data collection and presentation described in the first paragraph, modelling and analytics described in the second paragraph, and finally a field study and research at the Central Bank of Kosovo, the World Bank Office in Kosovo, and the KOSID (Kosovo Civil Society Consortium for Sustainable Development) where students will observe how assessing quantitative models helps in assessing growth and sustainable development. At the end of the field study at the three institutions, students will provide a report on quantitative models that are used to estimate the relationship between socio-economic, institutional and environmental indicators, and their long term impact on sustainable development. Students are also expected to criticize and identify the shortcomings of quantitative models, as well as to recommend alternative solutions for assessing sustainable development in a country.