The series captures the experience, innovative approaches and solutions for development of the World Bank Group covering financial sector topics of relevance to both the public and private sectors. The series is comprised of short knowledge notes, policy notes, case studies, lessons learned or a combination therein. This series was formerly known as Finance in Focus.
(World Bank, Washington, DC, 2018-12)
World Bank Group
Albania is heavily dependent on its
agricultural sector, which accounts for 20.3 percent of GDP,
49 percent of employment and 8.5 percent of total exports.
The fruit and vegetable sector represents 20 percent of
Albanian agriculture but contributes 36 percent of its
exports and this share is expected to increase. The note
posits an idea that as the domestic market for many of these
products is saturated, Albanian fruits and vegetables have
been gaining ground in the Western Balkans and are well
positioned to make headway in the EU-28 market as well.
However, Albanian producers face many constraints in meeting
the rigid and complex demands of the EU market, constraints
that an export strategy focused solely on identifying
products for export is unlikely to change. The policy
paradigm has shifted to approaches that focus on integrating
local industries into global value chains that help
facilitate technology transfer and create jobs.