Blog

Early withdrawal of pension savings and poor cooperation between parties

Although it is not against the law to withdraw funds invested in pension funds under the individual objective of receiving a pension before the age of over 65, this move is not recommended for two main reasons: First, starting from the...

Fiscal indicators of the state budget for 2023 according to a civil expertise insight

Some time ago, our experts analyzed the preliminary indicators of the state budget for the 11th month of 2023[1] and we considered the budget performance in the face of some risks that can be considered in an annual...

Do political/military alliances influence trade flow and the economy?

Alliances matter in predicting trade outcomes because governments align trade policies with national security interests and businesses consider political relationships between states when assessing risk[1]. States and businesses not only consider political relationships and alliances when forming international trade,...

Immigration accelerates developed economies and decelerates developing economies

According to a December 2023 study by IMF experts[1], Spain experienced a wave of emigration[2] starting in the early 2000s, which increased the share of the non-Spanish-born population from about 2 percent to 2000 to 12...

Promotion or credit agency for Albanian export?

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...

How prepared are Albanians for the problems of replacing one payment system with another more advanced one?

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...

Imports and exports of 2023, the effect on the economy and the indicators that have influenced the overvaluation of the Lek

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...

Albanian diaspora and today’s economic policies with a vision of the future

Diasporas are global communities of immigrants who maintain a sense of connection with their homeland. Because of their unique transnational characteristics, diasporas can have a significant impact on economic exchange and not just in a few ways. The potential of...

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