Albania: 2011 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Albania

International Monetary Fund

No 2011/313, IMF Staff Country Reports from International Monetary Fund

Abstract: The global crisis left Albania fairly unscathed and ushered in the needed economic rebalancing. The policy framework has been challenged in the post-crisis environment significant headwinds. Despite improvement, external imbalances remain elevated. Fiscal consolidation in terms of a more realistic macroeconomic framework will require credible measures and sustained efforts. Financial sector supervision and regulation will need to stay ahead of evolving challenges. Boosting productivity by attracting foreign investment is essential for higher sustainable growth.

Keywords: ISCR; CR; inflation expectation; crisis; government; crisis legacy; liquidity condition; inflation targeting framework; sound banking system; inflation risk; bank profit; Current account deficits; Global; Europe (search for similar items in EconPapers)
Pages: 61
Date: 2011-10-21
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=25308 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2011/313

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().