The primary function of the capital market is to bring together investors who buy securities with those who sell them. The three main participants of the capital market are individuals (also known as investors), borrowers and shareholders[1]. Based on...
In a capitalist economy, the government acts as a regulatory and supplementary body. Whereas, in a socialist economy, the government plays a comprehensive role in all economic activities, such as production, distribution and consumption of a country. These are responsibilities...
In the Eurozone, the government wage bill accounts for almost a quarter of total government expenditure and about 10% of GDP, so it is important from a macroeconomic point of view[1]. In Albania, the government wage bill...
The sharp tightening of monetary policy has often caused financial stress or even crises, especially in developed economies, but also in developing countries. Because of higher credit and currency risks, global investors have typically pulled out quickly when interest rates...
Ekonomia e rajoneve është e mbizotëruar nga bujqësia, ku nivelin më të lartë e gjejmë në Fier me 45.5% të ekonomisë rajonale dhe nivelin më të ulët e gjejmë në Tiranë me 3.8% të ekonomisë rajonale. Rajoni verior i vendit
The size and composition of public wage expenditures should have generated debate on many issues that are included in this topic starting with the size of government, the fiscal implications of higher public wage expenditures, its impact on inclusive growth,...
Inflation can affect public finances through multiple channels. It tends to expand tax bases in nominal terms, increasing nominal tax revenues, but it can also increase the cost of government spending, more directly for budget items that are automatically indexed...
In a previous study of ALTAX [1], we mentioned all the factors analyzed and listed, which are the influences on the variations of the foreign exchange rate and inflation. From this previous analysis, we conclude that because of the...
Adequate tax revenues are necessary to guarantee the continuation of the country's reformation, but also to meet the growing social costs. Taxes and taxes should, more than before, enable public authorities to actively contribute to the pursuit of economic, social,...
Tax reform can increase the overall size of the economy. If considered well-consulted and measured, where the commonality of the reform is the change accepted by most stakeholders, the reform sets the economy on a new growth path without further...
