informal economy

… towards the joint struggle for narrowing informality!

The informal economy is important to the formal economy because if its size is formalized year after year, this would potentially affect economic growth, but it would also increase government budget revenues and as a result improve social welfare. In an...

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...

ALTAX presents the research that answers the question of who is responsible for the fight against informality in Albania and how is it being fought?

Focusing on the need for effective governance to directly support the business climate and inclusive governance approach is the ultimate aim of the research material "Who has the duty to fight informality and how are they fighting it?" (alb.) The...

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