Albania : Country Profile and Recent Economic Developments 1

@inproceedings{Schautzer2005AlbaniaC,
  title={Albania : Country Profile and Recent Economic Developments 1},
  author={Anton Schautzer},
  year={2005}
}
  • Anton Schautzer
  • Published 2005
The Albanian economy has embarked on a dynamic catching-up process. Since 1998 real GDP growth has amounted to 7% on average, and registered unemployment has been decreasing continuously since 2000, now standing below the level of some of Albania s neighboring countries. Progress toward price stability, an important monetary policy objective, has also been substantial. The Albanian lek (ALL) has been appreciating against the euro in nominal as well as in real terms, and the deficit-to-GDP ratio… CONTINUE READING

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