labor market

Our economic analysis for 2024: More economy and less political selfishness

As the year 2023 came to a close, the Albanian economy is doing better than expected from last year's forecasts. But it can be said that this pace does not match the expectations of small and medium businesses and citizens....

An economic growth without growth for 2024, if not based on inclusiveness

As shown in the World Economic Outlook a few days ago, while the world has shown remarkable resilience, the recovery from the shocks of recent years is slow, below its potential and uneven. Growth is slow, because at 3-4 percent,...

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...

Medical and industrial cannabis: Comments regarding the government’s proposal from country experience

In the draft law approved by the Albanian government on June 16, 2023, there is already a concrete proposal[1] for the Assembly of Albania to approve the discourse on the cultivation, production and controlled circulation of the cannabis...

Wage increase bill, confidence, and economic security for the people

In the Eurozone, the government wage bill accounts for almost a quarter of total government expenditure and about 10% of GDP, so it is important from a macroeconomic point of view[1]. In Albania, the government wage bill...

The cost of budget and business from salary increases inflation and side effects for the labor market

At the end of March 2022, after the meeting of the Council of Ministers, in a statement to the media, Prime Minister Edi Rama announced the national plan for increasing average and above average salaries for the public administration and...

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