dc.contributor.author	International Finance Corporation
dc.date.accessioned	2022-08-10T16:15:12Z
dc.date.available	2022-08-10T16:15:12Z
dc.date.issued	2022-06
dc.description.abstract	Despite a challenging transition period and a string of adverse shocks, in recent decades Albania has made major strides in raising per capita income and integrating into the world economy. A dynamic private sector has become the engine of Albania’s economic development, and its increasing role continues to offer opportunities for expanding the country’s economic base and promoting faster and more diversified export-oriented growth. Albania is endowed with considerable economic assets, including a strategic geographical position, exceptional natural beauty, and abundant renewable and nonrenewable resources. A politically stable environment, improving governance indicators, and a record of dependable macroeconomic policies have supported the process of European Union (EU) accession, which offers a wide array of opportunities for the development of the Albanian private sector. Because a small domestic labor pool and consumer market limit the potential for economies of scale, sustaining Albania’s economic expansion will require intensifying its integration with the global economy. Despite decades of progress, Albania continues to face serious structural and policy challenges. The country’s economic expansion has not been matched by commensurate improvements in productivity. In this context, the World Bank Group has prepared the following country private sector diagnostic (CPSD) to assist the authorities in their efforts to leverage Albania’s geographic location, natural assets, and improved institutional and policy framework to promote diversification, competitiveness, and robust private-sector-led growth. The analysis highlights the importance of improving the business environment while stepping up investments in technology and innovation. The report explores three critical sectors for accelerating and diversifying growth: agribusiness and food processing, tourism, and automotive manufacturing.	en
dc.identifier	http://documents.worldbank.org/curated/en/099647008052226016/IDU06460c98e0807c044f908b130c80a0ebe76f0
dc.identifier.doi	10.1596/37868
dc.identifier.uri	https://hdl.handle.net/10986/37868
dc.language	English
dc.language.iso	en_US
dc.publisher	World Bank, Washington, DC
dc.relation.ispartofseries	Country Private Sector Diagnostic;
dc.rights	CC BY 3.0 IGO
dc.rights.holder	International Finance Corporation
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo
dc.subject	PRIVATE SECTOR
dc.subject	AGRIBUSINESS
dc.subject	FOOD PROCESSING INDUSTRY
dc.subject	SUSTAINABLE TOURISM SECTOR
dc.subject	AUTOMOTIVE MANUFACTURING
dc.subject	FIRM PRODUCTIVITY
dc.subject	FIRM CAPABILITIES
dc.subject	MANAGERIAL PRACTICES
dc.subject	FINANCING PRACTICES
dc.subject	INNOVATION
dc.subject	COLLABORATION
dc.title	Creating Markets in Albania	en
dc.title.subtitle	Taking Advantage of New Trade and Investment Opportunities for a More Robust Private Sector - Country Private Sector Diagnostic	en
dc.type	Report	en
dc.type	Rapport	fr
dc.type	Informe	es
dspace.entity.type	Publication
okr.crossref.title	Creating Markets in Albania
okr.date.disclosure	2022-08-05
okr.date.doiregistration	2025-05-07T10:00:21.437486Z
okr.date.lastmodified	2022-08-08T00:00:00Z	en
okr.doctype	Economic & Sector Work
okr.doctype	Economic & Sector Work::PSD, Privatization and Industrial Policy
okr.docurl	http://documents.worldbank.org/curated/en/099647008052226016/IDU06460c98e0807c044f908b130c80a0ebe76f0
okr.guid	099659008052217301
okr.guid	099647008052226016
okr.identifier.externaldocumentum	33878025
okr.identifier.internaldocumentum	33878025
okr.identifier.report	174824
okr.imported	true	en
okr.language.supported	en
okr.pdfurl	http://documents.worldbank.org/curated/en/099647008052226016/pdf/IDU06460c98e0807c044f908b130c80a0ebe76f0.pdf	en
okr.region.administrative	Europe and Central Asia
okr.region.country	Albania
okr.topic	Private Sector Development::Business Environment
okr.topic	Private Sector Development::Emerging Markets
okr.topic	Private Sector Development::Private Sector Economics
okr.topic	Private Sector Development::Project Management
okr.unit	EFI-ECA-FCI-Finance-2 (EECF2)

Publication: Creating Markets in Albania: Taking Advantage of New Trade and Investment Opportunities for a More Robust Private Sector - Country Private Sector Diagnostic

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Creating Markets in Albania: Taking Advantage of New Trade and Investment Opportunities for a More Robust Private Sector - Country Private Sector Diagnostic