institutions

The economic engine of Western Balkans’ is shutting down and the gap with Europe is widening

The Western Balkans has always been a region closely linked to the fate of Europe and global developments. After decades of efforts to overcome the legacy of conflicts and to integrate into European structures, the engine of economic convergence that has...

Albania and Kosovo at a crossroads: New Analysis sparks public debate on economic vision beyond 2025

In a period when the world is facing geopolitical tensions, rising trade barriers, and rapid technological transformations, a new analytical study emerges as a call for reflection and action for Albania and Kosovo. Both countries, though small in size,...

Taxation as a growth engine: Albania between fiscal potential and institutional barriers

At a time when the debate over the efficiency of fiscal policies is more alive than ever, Albania stands as a typical case of an economy that has surpassed the minimal fiscal threshold for development, yet still struggles to build...

What is a strong budget?

Instead of making budget decisions based on the performance of revenues and expenditures of previous years, good public finance practice suggests that the government should structure budget decisions based on the prospects for the coming years. The budget is a problem...

Reframing of policies to prevent financial bubbles in the economy

Housing prices around the world have experienced an uninterrupted boom because of the global financial crisis [1]. However, the extent of the housing boom shows considerable variation across countries. In Albania over the last 12 years (2010 – 2022),...

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