Albania's Economy in Transition and Turmoil: Policies, Adaptations and Reactions, 1990-1997

Overview

The book draws attention to the highly distinctive features of Albania&#39s transition as well as those it shares with other Central and East European economies. The distinguishing features include: very low income base, large proportion of the work force in agriculture, rapid restoration of macroeconomic capability, large proportion of working-age population emigrated, and quite exceptionally high rate of growth in the four years to last December. It examines the interrelationships of thcse unusual features,...
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Overview

The book draws attention to the highly distinctive features of Albania&#39s transition as well as those it shares with other Central and East European economies. The distinguishing features include: very low income base, large proportion of the work force in agriculture, rapid restoration of macroeconomic capability, large proportion of working-age population emigrated, and quite exceptionally high rate of growth in the four years to last December. It examines the interrelationships of thcse unusual features, including an account and a tentative analysis of the extraordinary events of 1997, with an attempt to explain why the failed financial institutions existed and behaved as they did.
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Editorial Reviews

Booknews
One of a series of studies designed to comprise a longitudinal study of economic transition in the Balkan country. One or more Albanian scholars work with one or more foreigners to create a body of information for outsiders interested in the country, provide locally- based teaching material for use with Albania students of economics, and clarify policy issues. The topics include liberalization, politics, safety nets, institution building, labor, and foreign resources. The coverage extends through the suppression of the 1997 popular uprising. Annotation c. Book News, Inc., Portland, OR (booknew.com)
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Product Details

  • ISBN-13: 9781840145632
  • Publisher: Ashgate Publishing, Limited
  • Publication date: 11/28/1998
  • Pages: 274
  • Product dimensions: 8.62 (w) x 6.02 (h) x 0.87 (d)

Table of Contents

List of Tables
List of Contributors
Preface and Acknowledgments
List of Abbreviations
Note on Albanian Place Names
Note on Albanian Pronunciation
Map: Albania's Districts and Neighbours
1 Introduction: Puzzle and Paradox 1
2 Albania's Distinctiveness 7
3 Land, Regions and People 31
4 Politics, 1990-96 52
5 Liberalization 72
6 Privatization 82
7 Stabilization 107
8 Safety-Nets and Social Security 122
9 Institution-Building 139
10 Changes in Production and Trade Patterns 150
11 Public Finance 161
12 Labour and Employment 175
13 Financial Institutions 189
14 Foreign Resources 208
15 Events of 1997 227
16 Prospects and Priorities 245
Bibliography 250
Index 254
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