About four years ago, at the onset of CID’s engagement in Albania, the country faced two issues that were threatening its macro-fiscal stability: a skyrocketing public debt and an insolvent, publicly-owned electricity distribution system that was plagued by theft and technical inefficiency.... Read more about What is the Binding Constraint to Growth in Albania?
On the eve of the Diaspora Summit in Albania, I gave an interview on the morning show 7pa5 at VizionPlus TV where I discussed the nexus between diaspora and socio-economic development. This is the first Diaspora Summit in Albania, and there is a lot of expectation and good will to turn it into a regular event where the energy of a diaspora could be harnessed to transform Albania.... Read more about The Nexus between Diaspora and Socio-Economic Development
Albanian-Americans, we are looking for your help in connection with the Albanian Diaspora Summit which is being held in Tirana from November 18-20.
The Summit has a rich program with cultural and thematic events, panel discussions, field trips, and plenary sessions to raise issues and create synergies between Albania and its large diaspora. The organizing committee is also working on setting up a mechanism for online and virtual participation, the details of which will be forthcoming.
In addition to our government hosts, Ambassador Donald Lu has graciously...
How important is regional integration for an export oriented development strategy? Ermal Frasheri gave an interview at the 7pa5 morning show at VizionPlus TV where he discussed the benefits of regional integration in the context of the Nis Summit between Serbia and Albania.
Credit market activity in Albania has been sluggish in recent years in spite of low and declining interest rates. The economy lost its growth momentum after 2009. Investment and lending activity slowed down substantially despite low interest rates, relative macroeconomic resilience, and available capacity in the private sector to take on more debt. .... Read more about Albania's Credit Market
Albania is rich in water resources and both inland and marine aquaculture have potential for growth and development. In the past two decades European and Mediterranean countries have seen their freshwater aquaculture decrease while marine aquaculture, especially of European Seabass and Gilthead Seabream, has increased.... Read more about Increasing Exports of Albania's Cultivated Fish
The Summer Internship Program of the Economic Growth in Albania Project is now recruiting Master's level students to spend summer in Albania.
The Center for International Development (CID) under the direction of Professor Ricardo Hausmann is conducting a four-year project with the Government of Albania. CID helped the government develop an economic growth strategy, based on increasing economic productivity, fostering regional integration, and positioning the government on sound financial footing. Under the supervision of Professor Matt Andrews, CID has put in place government teams...