Blog

Uninsured Farmers: The hidden cost damaging the economy and food security

In Albania, around 40% of the population lives in rural areas and over 35% of employment relies on agriculture. Yet this vital sector for the country’s economy and food supply remains unprotected against a growing threat: climate shocks. Floods, droughts,...

The government’s dilemma between the demographic challenge vs. reforming the pension scheme

All governments, in one way or another, try to meet the needs of aging people who can no longer provide for themselves. Albania, as a developing country, tries to grow the economy, its citizens meanwhile face difficult issues of how...

Assessment by Moody’s, S&P or Fitch and the need for in-depth analysis of the Balkan economies

In the latest assessments by Moody's, S&P or Fitch, it seems that three Balkan economies already have an increasing ranking, being upgraded to the Ba3 level. Meanwhile, three other countries are still rated lower at BB- and B+ levels. These assessments...

Will we keep export as the most valuable asset of the economy, or…?

According to the World Bank's latest analysis of the shortcomings and achievements of the economies of the Western Balkans, they seem to be learning from the fact that “they are subject to increasing pressures on their external sectors in...

The Berlin Process – 10 years: Much hope and confidence, little impact on economic and political integration

The Berlin process began as an attempt to increase and expand the democratic, economic and liaison capacities between the countries of the Western Balkans region. At first glance, it would serve as a "night school" or a part-time governance model for...

Budget 2025 in conditions of fiscal uncertainty

The still high level of public debt (June 2024 – 55.7%), together with the limited fiscal space[1] to address growing expenditure needs, such as the costly infrastructure and digital agenda, along with the need to meet social...

Transparency and enhance of trust of the legal auditor profession according to the public interest

During the months of the 2024 summer season, the Ministry of Finance, with the aim of "improving financial reporting in accordance with international standards and good practices, with the support of the World Bank (WB), presented for public consultation

Citizens’ engagement in local budget decision-making – Example of municipalities in Albania

Our approach is based on the goal that transparency enables disclosure and reduces the likelihood of corrupt behavior because it lowers information barriers, allowing analysis and monitoring by the public. Accountability through consultation also curbs corruption by increasing the chances of...

Contributing to defense and national security requires changing the mindset to work today for tomorrow

The appropriate level of defense spending depends on the security environment and international circumstances to deter threats and maintain peace. Amidst the risk of a protracted conflict in Ukraine and beyond, it is not surprising to see high levels of...

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