European Parliament Library

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

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
Table Of Contents
Cover; Contents; I. Context-Patchy Adjustment to the Post Boom; Figures; 1. Strong Performance During the Crisis; II. Background; A. An Uneven Start to Rebalancing; 2. External Sector Development; B. Recent Policy Challenges; III. Outlook; Boxes; 1. Potential Growth Estimate; 2. Exchange Rate Assessment; IV. Policy Discussions; 3. Baseline and Adjustment Scenarios Comparison; A. Credible Post-Boom Fiscal Consolidation; 3. Public Finance Sustainability and Options for Fiscal Rules in Albania; B. Protecting Monetary and Financial Stability Against New Risks
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (63 p.)
Specific Material Designation
Form Of Item

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