Albania: Selected Issues
August 1, 2006
Summary
The Selected Issues paper analyzes the determinants of growth in Albania, the macroeconomic underpinnings for growth, the role of remittances in the economy, and the policy response to rapid credit growth. It also analyzes the official estimates with estimates from various macroeconomic surveys, and discusses the implications for the structure of the balance of payments. It also provides a framework for analyzing the budgetary impact of remittances in Albania, and examines the acceleration of credit growth and the policy options available to address the resulting macroeconomic and prudential concerns.
Subject: Balance of payments, Banking, Commercial banks, Credit, Financial institutions, Loans, Money, Production, Remittances, Total factor productivity
Keywords: aggregate remittance estimate, Baltics, Caribbean, Commercial banks, CR, Credit, Eastern Europe, Europe, Global, growth performance, ISCR, Loans, parliament of Albania, prefix, presidency of Albania, Remittances, state audit of Albania, Total factor productivity
Pages:
93
Volume:
2006
DOI:
Issue:
285
Series:
Country Report No. 2006/285
Stock No:
1ALBEA2006003
ISBN:
9781451800869
ISSN:
1934-7685






