TABLE OF CONTENTS: Preface - I. DEVELOPMENT ECONOMICS - 1. GUNTHER GRATHWOHL: The Macroeconomic Structure of Less Developed Countries ... 3 - II. RESEARCH ON THE ALBANIAN ECONOMY - 2. ARJETA ABAZI: Albania and its Monetary Transmission Mechanism ... 27 - 3. DORIANA DERVISHI: The Countries of...

This paper looks at public expenditure planning in Albania, presenting and analysing the first two post-communist era Medium-Term Expenditure Plans (METPs) that have been introduced by the Albanian government for the periods 2000-2001 and 2002-2004, respectively. Albania's medium-term...

Albania has been partner of the Stability Pact for South Eastern Europe and the EU Stabilisation and Association process for the Western Balkan from the beginning. European integration requires very fundamental and far reaching reforms. Albania has faced the challenge, but in many cases reform...

The phenomena of manipulation of the economy by the incumbent for electoral purpose are called Political Business Cycles (PBC), introduced by Nordhaus (1975). Using policy control economic instruments, as fiscal and monetary instruments, government may manipulate the economy to gain electoral...

The market structure can be described by concentration ratios based on the oligopoly theory or the structure – conduct – performance paradigm. Measures of concentration and also competition are essential for banks conduction in the banking industry. Several researchers have proved...

This paper analyses the improvement of the transition to market economies focusing on the business climate, by pointing out the progress of the countries in generating a sustainable stable enterprise environment. Most important in this context are political and economic stability, the conditions...

The health sector is defined as the priority sector in the Albanian Strategy for the social and economic development. The Albanian Health sector is in the continuing transformation in the function of the realization of the proper standards. To realize the reform in this sector and to help the...

This paper examines the alternative exchange rate regimes and their feasibility to be applied in Albania in medium term. In all empirical work done until now is been found a very low relationship between money and inflation in Albania before and after using the indirect instruments of monetary...