economic growth

From ‘BB-‘ to ‘BB’: What lies behind Albania’s new Credit Rating?

Standard & Poor’s decision to upgrade Albania’s credit rating from “BB-” to “BB” represents an important development for public finances and capital markets. On the surface, this signals an improvement in macroeconomic stability, debt management, and confidence in the country’s...

How much economic value can Albania generate through the creative economy?

The creative economy is one of the most promising sources of sustainable economic development in the 21st century. It combines creativity, culture, technology, and entrepreneurship to produce value-added products and services that can be exported, improve the country's image, and...

Budgetary cost of increasing public sector wages from €1,000 to €1,300

To estimate the cost of increasing the average public sector wage in Albania from €1,000 to €1,300 by 2030, the following methodology can be applied: 1. Cost of the First Reform (€730 → €1,000) According to available data, the increase in public...

Balance of Payments Indicators for the period 2020–2024 and Outlook for 2025

To highlight the entirety of economic balances and to better understand the changes Albania has undergone in recent years, we will examine each indicator in detail, focusing on the factors that contributed to their development, as well as the contradictions...

On Fiscal Policy in Albania and the Region and its impact on economic growth

📘 The study "On Fiscal Policy in Albania and the Region and Its Impact on Economic Growth" presents a detailed analysis of how tax incentives and fiscal policies have influenced economic development in Albania and the Western Balkans. 🛠️ Key Issues...

InvestAI: Opportunities for Albania in adapting the European Initiative

In early February 2025, the European Union (EU) launched a new initiative to promote the development and adoption of artificial intelligence (AI) across both member states and candidate countries, including Albania. This initiative aims to harmonize AI regulations, foster innovation,...

Macroeconomic and Fiscal Framework for the period 2026–2028 and comparison with the period 2022–2024

This analysis addresses the expected developments and trends of the Albanian economy during the 2026–2028 period, comparing them with the 2022–2024 period and offering a deep perspective on the successes and weaknesses of economic and fiscal policies. The analysis covers various...

Analysis of Public Finances before and after 2013

The analysis of the main problems inherited in Albania’s public finances before 2013 highlights a series of complex and intertwined challenges, which negatively impacted fiscal sustainability and the country's long-term economic development. The increase in public debt and the lack of...

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