urban financialization Archives

Extreme concentration of banking capital in Tirana and the redesign of Albania’s economic geography

In economies that develop in an organic and balanced manner, savings are usually distributed roughly where income and economic activity are generated. Industrial cities build deposits on the basis of production, tourist areas on services and seasonality, agricultural regions on...

When capital begins to leave the territory, the economy changes the financial map and the balance of the country’s future.

ALTAX Observatory publishes the in-depth analysis “Territorial Financial Concentration in Albania”, a policy document that raises one of the most important economic alarms of the decade: Albania is gradually entering a development model where economic growth, financial capital, lending...