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Albania are characterized by high demand for credit due to increasing investment. The revenues are even higher when the risk … debtor to fulfill its obligations to bank. In June 2016, the level of non-performing loans in Albania appears in 24.4% of … total loans, representing the major obstacle to the development and performance of the banking sector in Albania. The …
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The 1997 collapse of the Albanian economy caused by the collapse of economy-widePonzi schemes contrasts sharply to itssuccess status as a post-socialist transition country in the years 1992-1996. Inthis paper, an attempt is made to explain this'Albanian Paradox'. The specific Albanian conditions...
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