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Albania: Selected Issues
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2006: Issue 285
Language:
English
Publication Date:
01 Aug 2006
DOI:
https://doi.org/10.5089/9781451800869.002
ISBN:
9781451800869
ISSN:
1934-7685
Pages:
93
Keywords:
ISCR; CR; prefix; state audit of Albania; parliament of Albania; presidency of Albania; aggregate remittance estimate; growth performance; Remittances; Credit; Total factor productivity; Loans; Commercial banks; Baltics; Europe; Global; Caribbean; Eastern Europe
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The Selected Issues paper analyzes the determinants of growth in Albania, the macroeconomic underpinnings for growth, the role of remittances in the economy, and the policy response to rapid credit growth. It also analyzes the official estimates with estimates from various macroeconomic surveys, and discusses the implications for the structure of the balance of payments. It also provides a framework for analyzing the budgetary impact of remittances in Albania, and examines the acceleration of credit growth and the policy options available to address the resulting macroeconomic and prudential concerns.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund