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Albania
			: From Isolation Toward Reform

Albania : From Isolation Toward Reform »

Series: Occasional Papers

Author(s): R. Johnston , Piroska Nagy , Roy Pepper , Mauro Mecagni , Ratna Sahay , Mario Bléjer , and Richard Hides

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1992

DOI: http://dx.doi.org/10.5089/9781557752666.084

ISBN: 9781557752666

Keywords: state enterprises, social security, state planning commission, foreign exchange, foreign trade

This study reviews Albania's historical and political background, as well as economic developments in 1991. It describes the centrally planned economic system up to the onset of reform and analyzes economic perform...

Back Matter

Back Matter »

Source: Albania : From Isolation Toward Reform

Series: Occasional Papers

Author(s): R. Johnston , Piroska Nagy , Roy Pepper , Mauro Mecagni , Ratna Sahay , Mario Bléjer , and Richard Hides

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1992

ISBN: 9781557752666

Keywords: state enterprises, social security, state planning commission, foreign exchange, foreign trade

This study reviews Albania's historical and political background, as well as economic developments in 1991. It describes the centrally planned economic system up to the onset of reform and analyzes economic perform...

Front Matter

Front Matter »

Source: Albania : From Isolation Toward Reform

Series: Occasional Papers

Author(s): R. Johnston , Piroska Nagy , Roy Pepper , Mauro Mecagni , Ratna Sahay , Mario Bléjer , and Richard Hides

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1992

ISBN: 9781557752666

Keywords: state enterprises, social security, state planning commission, foreign exchange, foreign trade

This study reviews Albania's historical and political background, as well as economic developments in 1991. It describes the centrally planned economic system up to the onset of reform and analyzes economic perform...

Appendix: Albanian Statistics

Appendix: Albanian Statistics »

Source: Albania : From Isolation Toward Reform

Series: Occasional Papers

Author(s): R. Johnston , Piroska Nagy , Roy Pepper , Mauro Mecagni , Ratna Sahay , Mario Bléjer , and Richard Hides

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1992

ISBN: 9781557752666

Keywords: state enterprises, social security, state planning commission, foreign exchange, foreign trade

Table A1. Conversion from MPS to SNA Accounts—Summary Table—in Current Prices, 1980-89 1...

I Introduction

I Introduction »

Source: Albania : From Isolation Toward Reform

Series: Occasional Papers

Author(s): R. Johnston , Piroska Nagy , Roy Pepper , Mauro Mecagni , Ratna Sahay , Mario Bléjer , and Richard Hides

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1992

ISBN: 9781557752666

Keywords: state enterprises, social security, state planning commission, foreign exchange, foreign trade

An Overview Until the beginning of 1991, and for more than four decades, Albania was one of the least known and less accessible countries in the world. It secluded itself in self-imp...

II The Pre-Reform Economic System

II The Pre-Reform Economic System »

Source: Albania : From Isolation Toward Reform

Series: Occasional Papers

Author(s): R. Johnston , Piroska Nagy , Roy Pepper , Mauro Mecagni , Ratna Sahay , Mario Bléjer , and Richard Hides

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1992

ISBN: 9781557752666

Keywords: state enterprises, social security, state planning commission, foreign exchange, foreign trade

A complete chronological description of the evolution of the Albanian economic system is precluded by the very tight controls on information that existed over a long period. Consequently, few, if any, docume...

III Economic Performance in the 1980s

III Economic Performance in the 1980s »

Source: Albania : From Isolation Toward Reform

Series: Occasional Papers

Author(s): R. Johnston , Piroska Nagy , Roy Pepper , Mauro Mecagni , Ratna Sahay , Mario Bléjer , and Richard Hides

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1992

ISBN: 9781557752666

Keywords: state enterprises, social security, state planning commission, foreign exchange, foreign trade

By the beginning of World War II, more than 85 percent of the Albanian population derived its livelihood from a poorly developed agricultural sector, which contributed roughly the s...

IV Political and Economic Developments in 1991

IV Political and Economic Developments in 1991 »

Source: Albania : From Isolation Toward Reform

Series: Occasional Papers

Author(s): R. Johnston , Piroska Nagy , Roy Pepper , Mauro Mecagni , Ratna Sahay , Mario Bléjer , and Richard Hides

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1992

ISBN: 9781557752666

Keywords: state enterprises, social security, state planning commission, foreign exchange, foreign trade

The critical condition of Albania’s economy deteriorated further in 1991. As existing institutional structures collapsed, inappropriate financial policies and social unrest exacerbated macroeconomic imbalanc...

V Toward Economic Reform

V Toward Economic Reform »

Source: Albania : From Isolation Toward Reform

Series: Occasional Papers

Author(s): R. Johnston , Piroska Nagy , Roy Pepper , Mauro Mecagni , Ratna Sahay , Mario Bléjer , and Richard Hides

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1992

ISBN: 9781557752666

Keywords: state enterprises, social security, state planning commission, foreign exchange, foreign trade

Practically no economic reforms were introduced in Albania before 1990. In 1985, after decades of centralist rule, the Government started, albeit slowly, to move away from adherence to the principle of self-...