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The Effective Lower Bound for the Policy Rate in Euroized Economies-An Application to the Case of Albania

The Effective Lower Bound for the Policy Rate in Euroized Economies-An Application to the Case of Albania »

Source: The Effective Lower Bound for the Policy Rate in Euroized Economies-An Application to the Case of Albania

Volume/Issue: 2018/55

Series: IMF Working Papers

Author(s): Guido della Valle , Erald Themeli , Romain Veyrune , Ezequiel Cabezon , and Shaoyu Guo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 March 2018

ISBN: 9781484345313

Keywords: Monetary policy, Europe, Albania, interest rate lower bound, euroization, Monetary Policy (Targets, Instruments, and Effects), Albania

Based on the experience of the Bank of Albania, the paper proposes a framework to estimate the interest rate lower bound in small, open, and euroized economies. The paper introduces a stylized monitoring tool to as...

IMF Approves In Principle 3-year, US$36 Million PRGF Loan to Albania

IMF Approves In Principle 3-year, US$36 Million PRGF Loan to Albania »

Source: Albania : Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility

Volume/Issue: 2002/135

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 July 2002

ISBN: 9781451800654

Keywords: debt, budget, interest, external debt, revenues

This paper evaluates Albania's Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF). Sound financial policies under the previous PRGF-supported program helped stabilize the ec...

IMF Completes Albania Review and Approves US$6 Million Credit Tranche

IMF Completes Albania Review and Approves US$6 Million Credit Tranche »

Source: Albania : First Review Under the Third Annual Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria

Volume/Issue: 2001/29

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 February 2001

ISBN: 9781451800647

Keywords: debt, budget, interest, deficit, revenues

Executive Directors commended the authorities for their policies to maintain macroeconomic stability, which had resulted in favorable growth performance and zero inflation, and welcomed improvements in tax collecti...

IMF Completes First Review and Approves US$5 Million Tranche under PRGF for Albania

IMF Completes First Review and Approves US$5 Million Tranche under PRGF for Albania »

Source: Albania : Staff Report for the 2002 Article IV Consultation, First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Requests for Modification and Waiver of Performance Criterion

Volume/Issue: 2003/63

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 March 2003

ISBN: 9781451800661

Keywords: debt, budget, external debt, interest, article

This paper examines Albania's 2002 Article IV Consultation, First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF), and Requests for Modification and Waiver of Performa...

IMF Completes Fourth Review Under PRGF Arrangement with Albania and Approves US$6 Million Disbursement

IMF Completes Fourth Review Under PRGF Arrangement with Albania and Approves US$6 Million Disbursement »

Source: Albania : Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Request for a Waiver of Nonobservance of Performance Criterion, and Financing Assurances Review

Volume/Issue: 2004/206

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 July 2004

ISBN: 9781451800760

Keywords: debt, budget, interest, external debt, deficit

This paper focuses on Albania's Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF), Request for a Waiver of Nonobservance of Performance Criterion, and Financing A...

IMF Completes In Principle Second Review and Approves US$6 Million Loan under PRGF for Albania

IMF Completes In Principle Second Review and Approves US$6 Million Loan under PRGF for Albania »

Source: Albania : Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility

Volume/Issue: 2003/218

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 July 2003

ISBN: 9781451800777

Keywords: debt, budget, interest, external debt, national accounts

In the aftermath of adverse supply shocks, and with further measures to promote investment, growth of production and exports is expected to recover. Efforts to remove barriers to investment and ensure a reliable pr...

IMF Completes Third Review Under PRGF with Albania, Approves US$5.9 Million Disbursement, and Grants Waiver

IMF Completes Third Review Under PRGF with Albania, Approves US$5.9 Million Disbursement, and Grants Waiver »

Source: Albania : Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Request for a Waiver of Nonobservance of Performance Criterion, and Financing Assurances Review

Volume/Issue: 2004/22

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 January 2004

ISBN: 9781451800678

Keywords: budget, debt, interest, external debt, revenues

The economy has thus far been fairly resilient to recent political uncertainties, although the reform process has been adversely affected. Continued growth will depend to a large extent on higher private investment...

IMF Concludes Article IV Consultation with Albania

IMF Concludes Article IV Consultation with Albania »

Source: Albania : Staff Report for the 1999 Article IV Consultation, Request for the Second Annual Arrangement Under the Enhanced Structural Adjustment Facility, and Request for Augmentation

Volume/Issue: 1999/50

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 1999

ISBN: 9781451800623

Keywords: external debt, debt, payments, interest, expenditures

This paper reviews Albania's 1999 Article IV Consultation, Request for the Second Annual Arrangement Under the Enhanced Structural Adjustment Facility, and a Request for Augmentation. Inflation fell to 2 percent in...

IMF Concludes Article IV Consultation with Albania

IMF Concludes Article IV Consultation with Albania »

Source: Albania : Staff Report for the 2000 Article IV Consultation and Second Review Under the Second Annual Arrangement Under the Poverty Reduction and Growth Facility

Volume/Issue: 2000/74

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 June 2000

ISBN: 9781451800630

Keywords: debt, budget, interest, deficit, revenues

The Kosovo crisis in March 1999 and the large influx of refugees placed a considerable strain on the country. Progress in structural reforms has been significant considering the Kosovo crisis. The process of privat...

IMF Concludes 2001 Article IV Consultation with Albania

IMF Concludes 2001 Article IV Consultation with Albania »

Source: Albania : 2001 Article IV Consultation and Review Under the Poverty Reduction and Growth Facility-Staff Report and Public Information Notice on the Executive Board Discussion

Volume/Issue: 2001/117

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 July 2001

ISBN: 9781451800708

Keywords: debt, external debt, public debt, interest, expenditures, Albania:,

Sound macroeconomic management, supported by structural reform, has characterized Albania's performance under the current Poverty Reduction and Growth Facility (PRGF) arrangement, although poverty and emigration re...