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Albania - Building competitiveness (Vol. 2) : Studime te sektorit : veshjet dhe kepucet, turizmi, minierat (Albanian)

Commitment to structural reforms and to economic stabilization has enabled high rates of gross domestic product (GDP) growth in Albania since the start of transition, and consequent reductions in poverty. The crisis caused by the collapse of 'pyramid' investment schemes in late 1996 and early 1997, the Government began to implement a stabilization and reform program which has resulted in rates of economic growth averaging more than five percent annually between 1998 and 2007. Strong growth has in turn made possible a 6.8 percentage point decline in the poverty headcount, a higher drop than in most countries in the (Eastern) Europe and Central Asia (ECA) region. These achievements have been underpinned by prudent fiscal and monetary policies. Budget deficits have been kept under control, declining from an average of around 10 percent of GDP in the late 1990s to less than 4 percent since 2005. In parallel, a monetary targeting regime has ensured price stability, with inflation remaining at around 3 percent in recent years. This report discusses how Albania can improve its long term competitiveness and growth by facilitating firms' ability to employ technology and skills and by closing the gap between formal regulations and actual enforcement. The second chapter sets the stage by presenting the macroeconomic setting, as well as key structural features of the Albanian economy. The third chapter provides an overview of investment climate constraints on firm performance. The crucial pillars of the investment climate that affect firm performance that is to say: (i) access to and adoption of knowledge by Albanian firms, and (ii) the gap between formal and informal regulation are treated in chapters four and five respectively. Chapter six concludes and summarizes policy recommendations.


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    Investment Climate Assessment (ICA)

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    Europe and Central Asia,

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    Studime te sektorit : veshjet dhe kepucet, turizmi, minierat

  • Keywords

    foreign direct investment;global production network;capital goods import;apparel export;global supply chain;footwear export;growth in trade;technological absorptive capacity;annual labor cost;introducing new products;investment in technology;share of export;hides and skins;production of shoes;cost of ship;annual export growth;vocational education system;expansion of export;national statistical;reliance on foreign;investment climate reform;export processing zone;global value chain;apparel sector;mineral export;foreign buyer;export basket;foreign knowledge;export sector;brand name;foreign investor;Technology Transfer;high concentration;delivery time;comparative advantage;technology upgrading;market segment;high share;industrial upgrading;foreign client;apparel industry;trade preference;garment industry;assembly operation;domestic labor;public intervention;imported inputs;finished product;manufacturing sector;product specification;products export;equipment manufacturing;global commodity;total employment;local economy;apparel article;destination market;footwear industry;light manufacturing;Trade Logistics;financial constraint;footwear product;organizational network;diagrammatic representation;wage labor;institutional framework;global market;equipment installation;transport service;retail firms;consumer market;regional economy;advanced knowledge;ferry crossing;clothing exports;managerial methods;bureaucratic requirement;commodity price;production system;internal process;marketing knowledge;foreign currency;red tape;adequate financing;legal framework;commodity chain;reducing transaction;wage level;production process;technological learning;throughput time;managerial capacity;average share;inventory level;investment rate;Technology Diffusion;metal product;managerial capability;regional producers;organizational learning;trade datum;enterprise survey;product quality;industrial job;regional competition;sewing thread;institutional objectives;intellectual property;market control;product distribution;tourism infrastructure;production capacity;global economy;investment cost;management skill;fiber production;fabric finishing;business environment;apparel trade;geographic destination;geographic diversification;Export Diversification;apparel product;market concentration;market accounting;export market;export structure;raw material;beneficiary country;export flow;export competitiveness;merchandise export;seasonal variation;tourist destination;large consumer;foreign presence;textile sectors;copper production;assembly plant;average duration;political stability;technological capacity;financial instrument;Emerging economies;local company;local investment;capacity strengthening;quota restrictions;emerging economy;domestic company;largest firms;apparel production;leather industry;incentive regime;working capital;capital imports;planned economy;long-term investment;domestic consumer;tax policy;domestic consumption;textile industry;labor demand;primary source;overseas markets;branded merchandise;direct competitors;geographic proximity;



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Albania - Building competitiveness (Vol. 2) : Studime te sektorit : veshjet dhe kepucet, turizmi, minierat (Albanian). Washington, D.C. : World Bank Group.