Albania: Selected Issues and Statistical Appendix
International Monetary Fund
No 2003/064, IMF Staff Country Reports from International Monetary Fund
Abstract:
This Selected Issues paper and Statistical Appendix analyzes causes and consequences of real exchange rate appreciation in Albania. The paper highlights that Albania has experienced a sustained real appreciation since 1992, which appears to have been brought about by largely beneficial developments: price liberalization, productivity growth, external inflows, and a successful stabilization policy. The pace of appreciation has slowed in the last few years, and a real depreciation in 2002 has brought the real effective exchange rate back to its January 2000 level.
Keywords: ISCR; CR; enterprise; government; public goods; government performance; firm timetable; private sector; shadow economy need; tax collection; Informal economy; Exports; Real effective exchange rates; Public employment; Real exchange rates; Europe (search for similar items in EconPapers)
Pages: 76
Date: 2003-03-07
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2003/064
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