informality

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...

The economy and employment must be driven by a political model based on inclusiveness

The Albanian economy and labor market experienced a weak employment recovery after the COVID-19 pandemic, unlike the recovery experienced by EU member states. A look at the performance of the EU economy shows that after contracting by -5.9% in 2020, the...

How does the wrong fiscal policy affect the individual, businesses and the market?

The main argument is related to the answer for two main directions: - How does the fiscal policy affect the choices of individuals and businesses regarding labor relations, savings and investments - How does a change in the law affect relations with...

Why do food prices increase every end of the year?

Have food prices increased? Absolutely yes, although this rise in agri-food prices occurs at least as an inevitable market event at the end of every December. But at the end of 2023, the price increase comes...

Expensive and unaffordable cost of tax of inflation

Contractionary monetary policy (contraction economic policy) is now the most popular method of controlling inflation. The purpose of a contractionary policy is to reduce the money supply within an economy by raising interest rates. This helps slow economic growth by...

Wage increase based on decent work, performance, and meritocracy

Wage is by far the most complex topic to be managed by businesses and the government. It can be considered a source of disappointment for all these years. But what we want to discuss today based on the opinions of...

Current military crises and the tasks of the Albanian economy

The Albanian economy, regardless of the situation outside its borders, is vulnerable, as it has left areas of its sovereignty not to be an influencing factor in cases of outbreaks of military and economic crises. The fact that the oil...

The second demonetization in a few years in India: Effects and lessons for Albania

When the demonetization policy (withdrawal of a currency, banknote, or precious metal from use) was implemented in 2016 in India it took everyone by surprise except the government and the Central Bank (Reserve Bank of India, RBI) [1]. The...

Reorganization or transformation of governing cabinets: What does the people and the economy gain, in the end?

A Cabinet reorganization is when government ministers are moved between ministerial posts. There can be minor changes, such as if a minister resigns and needs to be replaced. In the case of the changes of the governing cabinet at the beginning...

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