The banking industry includes not only commercial banks (as we have them in Albania), but mainly investment banks, microcredit financial institutions (not banks) and pension and insurance companies[1]. All banks have large cash holdings. They hold a small amount...
The government's main motivation must obviously be to stimulate exports which otherwise means doing homework that should have been done long ago. The whole approach to stimulate exports is the objective of their growth, to have economic and industrial benefits related...
Physical currencies have been the mode of economic transaction for thousands of years. Today, payment systems are becoming increasingly cashless. In the European Union (EU), one in five of all daily purchases in 2022 were made online and one third...
Focusing on the need for effective governance to directly support the business climate and inclusive governance approach is the ultimate aim of the research material "Who has the duty to fight informality and how are they fighting it?" (alb.) The...
In general, the Albanian economy exceeded the forecasts of domestic and foreign economists for 2023. For 2024, it seems that economists are showing a cautious approach to the forecasts of economic growth declared by the government at the level below...
After monitoring the progress of the tax and regulatory legislation for construction, as a process and as a salable product in the Albanian market, our experts drafted a material processed from data and online legal publications, from the processing of...
The financial agreement that inevitably comes as part of the international agreement between the government of Albania and the government of Italy for an immigrant processing center in Gjadër reflects the costs that may be imposed on Albania through the...
In our economy, imports of goods in 2023 are 1.98 times higher than exports [1]. This ratio has increased by 3% compared to 2022. Albanian consumers are used to seeing products from every corner of the world in their...
During 2023 there is an entry: of Euros and other foreign currencies at the converted level of 4 billion Euros and an exit from Albanian visitors to foreign countries at a level of 55% of this value, which means that they...
The OECD employment and labor force participation rates stabilized at 70.1% and 73.8% in the third quarter of 2023, the highest levels recorded since the series began in 2005 and 2008, respectively. Both indicators were close to their record levels...
