informal economy

Imported inflation and the sensitivity of the Albanian Market

Albania is a small and open economy, highly sensitive to fluctuations in global prices, especially in the food, energy, and industrial goods sectors. Although the country benefits from a favorable geographic position, a suitable climate for agriculture and agro-processing industries,...

How realistic is the idea of a Cash-Free Albania by the end of the decade?

In recent years, the idea of a cash-free Albania has gained significant attention, closely tied to the country’s process of European Union integration and the modernization of its financial system. However, while the vision sounds promising, the reality is far...

The Labor Market in Albania between numerical growth and structural obstacles

When increased participation does not equal real inclusion and economic cohesion. In the first quarter of 2025, the labor market in Albania shows a modest strengthening of employment and labor force participation indicators. The official employment rate for the population...

Albanian economy 2024, growth on consumption and wages, without a sustainable production base

The economic panorama of 2024, according to data published by INSTAT on non-financial accounts by institutional sectors, reflects a reality with two views: on the one hand, we have an economy that grows in nominal terms, driven by consumption...

Will prices increase in the 2025 summer season?

Summer in Albania is no longer just a season. It is a stress test for an economy that, although masked by seasonal GDP growth, exposes its deep wounds, endemic informality, territorial inequality, and a state that too often acts as a...

Informal employment in Albania, a reality that speaks louder than reforms

In every development strategy, Albanian governments have identified informal employment as one of the main challenges to a healthy and fair economy. However, despite drafted plans, international recommendations, and occasional interventions, the level of informality remains high and persistent, especially...

Prices fall in production and imports, but not in the lives of citizens

In 2025, the Albanian economy faces a clear paradox: import and production prices are falling, while consumer inflation continues to rise.This contradiction, which at first glance challenges economic logic, is in fact an alarm signal about the structural health of...

Inequality that costs – Fiscal reform for economic equality in Albania

In a Balkans facing deep social and economic challenges, Albania stands out not for progress, but for deepening inequality. The current fiscal system does not mitigate inequality — on the contrary, it cements it. This is one of the strongest findings...

Poverty and inequality in Albania and the time for a new Fiscal Justice

🔴 In a country where about half of the population lives at risk of deep poverty, any policy that ignores this reality is not merely unjust it is economically irrational and politically unsustainable.Albania cannot claim development without equality, cannot seek...

Albania facing an economy outside the Banks

At a time when Albania appears in international reports as a country moving toward economic and fiscal modernization, a stubborn fact reveals the brutal contrast with this narrative: over €4.3 billion are outside the banking system – a 10% increase...

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