The main purpose of this paper is to assess empirically the size of the informal economy in Albania over the last two decades, and its consequences on the financial deepening of the country. We will present a brief review of the informal economy development in Albania, and assess its size...

The main purpose of this paper is to assess the size of the informal sector of the economy in Albania by using indirect approaches: national accounts discrepancies, simple currency ratio, electrical energy consumption and some evidence by the labor market developments. A few studies have...

The European integration process presents a challenging objective for Albania. The process has evolved gradually and Albania received the “candidate country” status in June 2014. EU accession is subject to the Copenhagen criteria fulfillment: economic, political and acquis communautaire....

The European integration process has, for more than two decades, represented a vital issue for Albania. This process has been evolving gradually and Albania is currently working towards receiving ‘candidate country’ status, subject to the fulfillment of key measures identified in the 2012...