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This paper focuses on Albania's Request for Purchase Under the Rapid Financing Instrument (RFI). The RFI provides rapid …
Persistent link: https://www.econbiz.de/10012249536
This paper aims to determine how much of the economic slowdown of Albania is owing to cyclical conditions and how much … relative to 1997-2008, of which 2.8 percentage points are due to lower potential growth. Albania has significant potential to … improve its export competitiveness. However, Albania's competitiveness has shown narrow improvements over the past five years …
Persistent link: https://www.econbiz.de/10011671437
past few years, Albania has successfully maintained macroeconomic stability amid a turbulent external environment. A …
Persistent link: https://www.econbiz.de/10011671440
This 2017 Article IV Consultation highlights that Albania's economy continues to strengthen, benefitting from rising …
Persistent link: https://www.econbiz.de/10012109138
Despite robust GDP growth, projected at 4 percent in 2018, inflation remains below its 3 percent target. The fiscal deficit has stabilized around 2 percent of GDP, implying a modest gradual reduction in public debt, which remains high at close to 70 percent of GDP. Monetary policy was relaxed...
Persistent link: https://www.econbiz.de/10012109265
is still high, and contingent liabilities are increasing. Albania's relatively large financing needs also pose risks that …
Persistent link: https://www.econbiz.de/10012109887
This paper explores Albania's current account (CA) deficit that improved in 2016, but remains sizable. The EBA … settings. Adjusting for Albania's specific circumstances, the current account gap is estimated at -1.0 percent and the real … effective exchange rate is overvalued by about 6 percent, reflecting Albania's low national saving and large FDI inflows. Though …
Persistent link: https://www.econbiz.de/10011809465
This paper discusses First Post-Program Monitoring Discussions in 2018 with Albania. The Albanian economy has continued …
Persistent link: https://www.econbiz.de/10011852448
Persistent link: https://www.econbiz.de/10013429815