Publication:
Albania - Sustaining Growth Beyond the Transition : A World Bank Country Economic Memorandum

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dc.contributor.authorWorld Bank
dc.date.accessioned2013-07-08T15:41:08Z
dc.date.available2013-07-08T15:41:08Z
dc.date.issued2004-12-27
dc.description.abstractWhile Albania 's performance has been impressive, there are concerns about the sustainability of high rates of economic growth in the future. The evidence from the growth accounting exercise indicates that total factor productivity growth from post-transition reallocation is gradually coming to an end. At the same time, the contribution of capital accumulation has only picked up modestly. This suggests that in order to sustain high GDP growth going forward, Albania must seek to raise its investment and, secondary school enrollment rates, increase the degree of trade integration, and improve institutional quality (governance). Worryingly, total factor productivity growth has slowed significantly in recent years while the contribution of factor accumulation was negligible. Neither remittances nor earnings from illegal activities constitute a solid basis for long-term economic development. There are signs, already, of a decelerating trend in the level of remittances. Furthermore, there are concerns about the financing of the country's investment needs over the medium term. The likelihood that Albania's access to concessional financing sources will decline, as well as expectations for dwindling external support and inflows from abroad, presents major risk factors that must be mitigated with the help of the donor community.en
dc.identifierhttp://documents.worldbank.org/curated/en/2004/12/5547762/albania-sustaining-growth-beyond-transition-world-bank-country-economic-memorandum
dc.identifier.doi10.1596/14383
dc.identifier.urihttps://hdl.handle.net/10986/14383
dc.languageEnglish
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectAGED
dc.subjectAGRICULTURAL PRODUCTION
dc.subjectAGRICULTURE
dc.subjectALLOCATIVE EFFICIENCY
dc.subjectANNUAL REPORT
dc.subjectBENCHMARK
dc.subjectCITIES
dc.subjectCLIMATE
dc.subjectCOMPETITIVENESS
dc.subjectCORRUPTION
dc.subjectDECENTRALIZATION
dc.subjectDEVELOPMENT STRATEGY
dc.subjectECONOMIC ANALYSIS
dc.subjectECONOMIC DEPENDENCY
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC SECTORS
dc.subjectEDUCATION
dc.subjectEMIGRATION
dc.subjectEMPLOYMENT
dc.subjectEXCHANGE RATE
dc.subjectEXCISE TAXES
dc.subjectEXERCISES
dc.subjectEXPENDITURES
dc.subjectEXPORTS
dc.subjectEXTERNAL COSTS
dc.subjectFAMILIES
dc.subjectFISCAL DECENTRALIZATION
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGROWTH RATE
dc.subjectHEALTH
dc.subjectHUMAN CAPITAL
dc.subjectHUMAN DEVELOPMENT
dc.subjectIMPORTS
dc.subjectINFLATION
dc.subjectINFLATION RATE
dc.subjectINNOVATION
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL TRADE
dc.subjectLABOR FORCE
dc.subjectLABOR PRODUCTIVITY
dc.subjectMACROECONOMIC PERFORMANCE
dc.subjectMACROECONOMIC STABILITY
dc.subjectMACROECONOMIC STABILIZATION
dc.subjectMACROECONOMICS
dc.subjectMIGRATION
dc.subjectMINES
dc.subjectMONETARY POLICY
dc.subjectMONEY SUPPLY
dc.subjectMULTILATERAL TRADE
dc.subjectNATIONAL INCOME
dc.subjectNEGOTIATIONS
dc.subjectPARTNERSHIP
dc.subjectPOLLUTION
dc.subjectPOVERTY ALLEVIATION
dc.subjectPOVERTY LINE
dc.subjectPRIVATE SECTOR
dc.subjectPRODUCTIVITY GROWTH
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC SECTOR EMPLOYMENT
dc.subjectPUBLIC SERVICES
dc.subjectPUBLIC SPENDING
dc.subjectREAL GDP
dc.subjectREAL INTEREST RATE
dc.subjectREHABILITATION
dc.subjectRESOURCE ALLOCATION
dc.subjectRESOURCE USE
dc.subjectRISK FACTORS
dc.subjectRURAL WATER
dc.subjectRURAL WATER SECTOR
dc.subjectSANITATION
dc.subjectSANITATION SERVICES
dc.subjectSAVINGS
dc.subjectSCHOOLS
dc.subjectSERVICE DELIVERY
dc.subjectSERVICE PROVISION
dc.subjectSERVICES SECTOR
dc.subjectSOCIAL SERVICES
dc.subjectSUSTAINABLE WATER
dc.subjectTAX RATES
dc.subjectTAX REFORMS
dc.subjectTAX REVENUE
dc.subjectTOTAL FACTOR PRODUCTIVITY
dc.subjectTOTAL FACTOR PRODUCTIVITY GROWTH
dc.subjectTRADE BALANCE
dc.subjectTRADE DEFICIT
dc.subjectTRADE LIBERALIZATION
dc.subjectTRANSITION ECONOMIES
dc.subjectTRANSPARENCY
dc.subjectUNEMPLOYMENT
dc.subjectUNEMPLOYMENT RATES
dc.subjectVALUE ADDED
dc.titleAlbania - Sustaining Growth Beyond the Transition : A World Bank Country Economic Memorandumen
dspace.entity.typePublication
okr.date.doiregistration2025-05-07T10:22:13.841326Z
okr.doctypeEconomic & Sector Work::Country Economic Memorandum
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2004/12/5547762/albania-sustaining-growth-beyond-transition-world-bank-country-economic-memorandum
okr.globalpracticeGovernance
okr.globalpracticeHealth, Nutrition, and Population
okr.guid377631468741658428
okr.guid330791468742523513
okr.identifier.externaldocumentum000090341_20050114100907
okr.identifier.internaldocumentum5547762
okr.identifier.report29257
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2005/01/14/000090341_20050114100907/Rendered/PDF/292570AL.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.administrativeEurope and Central Asia
okr.region.countryAlbania
okr.sectorIndustry and trade
okr.sectorFinance
okr.sectorSub-national government administration
okr.sectorGeneral public administration sector
okr.topicEconomic Theory and Research
okr.topicHealth Monitoring and Evaluation
okr.topicBanks and Banking Reform
okr.topicEnvironmental Economics and Policies
okr.topicGovernance::Governance Indicators
okr.topicHealth, Nutrition and Population
okr.unitPoverty Reduction/Econ Mngmt (ECSPE)
okr.volume1 of 1
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