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Transition economies, such as the countries in Southeast Europe, face an expeditious institutional transition from a centrally planned to a market economy. The state withdraws from its monitoring function, which results in institutional voids that affect the economy in general and small and...
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assessments of the 2011 Economic and Fiscal Programmes (EFP) of the potential candidate countries (Albania, Bosnia and Herzegovina …
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Based on the experience of the Bank of Albania, the paper proposes a framework to estimate the interest rate lower …
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