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Albania: Selected Issues and Statistical Appendix
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2005: Issue 090
Language:
English
Publication Date:
10 Mar 2005
DOI:
https://doi.org/10.5089/9781451800814.002
ISBN:
9781451800814
ISSN:
1934-7685
Pages:
79
Keywords:
ISCR; CR; Albania; foreign currency; migration flow; education attainment; school expectancy; deposit rate differentials; foreign currency deposit; payments dollarization; poverty line; banking sector; Dollarization; Income; Remittances; Europe; Central Asia; South America; Middle East
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This Selected Issues paper and Statistical Appendix paper examines the issue of dollarization in Albania against the background of rapidly evolving banking, policy and prudential systems, and of growing importance of monetary policy as a tool for demand management. The period covered is 1998—the immediate aftermath of the pyramid scheme collapse—to the present, which is a period of impressive, though gradual, transformation rather than of abrupt structural changes. The paper also analyzes the poverty situation in Albania, and discusses the poverty alleviation mechanisms that have worked.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund