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Topic: Economy of Albania


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In the News (Mon 28 Dec 09)

  
  Albania Europe - Pictures, Travel, Sites and Maps
Note: percentages are estimates; all mosques and churches were closed in 1967 and religious observances prohibited; in November 1990, Albania began allowing private religious practice.
Between 1990 and 1992 Albania ended 46 years of xenophobic Communist rule and established a multiparty democracy.
The economy is bolstered by remittances from abroad of $400-$600 million annually, mostly from Greece and Italy; this helps offset the sizable trade deficit.
albania.europe-countries.com   (1621 words)

  
  Albania
It is bordered by Montenegro in the north, Serbia in the north-east, the Former Yugoslav Republic of Macedonia in the east, and Greece in the south, has a coast on the Adriatic Sea in the west, and a coast on the Ionian Sea in the southwest.
Albania is Europe's poorest country, with half of the economically-active population still engaged in agriculture and a fifth said to be working abroad.
Albania is aided financially from abroad, notably by Greece and Italy.
www.ebroadcast.com.au /lookup/encyclopedia/al/Albania.html   (538 words)

  
 Economy of Albania - Wikipedia, the free encyclopedia
The collapse of communism in Albania came later and was more chaotic than in other east European countries and was marked by a mass exodus of refugees to Italy and Greece in 1991 and 1992.
Albania is currently undergoing an intensive macroeconomic restructuring regime with the International Monetary Fund and World Bank.
The economy continues to be bolstered by remittances of some 20% of the labor force that works abroad, mostly in Greece and Italy.
en.wikipedia.org /wiki/Economy_of_Albania   (832 words)

  
 MapZones.com : Albania Economy
Albania emerged from the Communist era as the poorest nation in Europe.
The economy is bolstered by remittances from some 20% of the labor force that works abroad, mostly in Greece and Italy.
In 1998, Albania recovered the 7% drop in GDP of 1997 and pushed ahead by 8% in 1999 and by 7.5% in 2000.
www.mapzones.com /world/europe/albania/economyindex.php   (618 words)

  
 Albania Economy
Albania is one of the poorest countries in Europe, with an average per capita income of U.S. The official unemployment rate is 16%, and 30% of the population lives below the poverty line.
Albania was the last of the central and eastern European countries to embark upon democratic and free market reforms.
The collapse of the infamous pyramid schemes of the 1990s and the instability that followed were a tremendous setback, from which Albania's economy continues to recover.
www.multied.com /NationbyNation/Albania/Economy.html   (567 words)

  
 Albania on Encyclopedia.com   (Site not responding. Last check: 2007-10-26)
Albania is on the Adriatic Sea coast of the Balkan Peninsula, between Serbia and Montenegro on the north, Macedonia on the east, and Greece on the south.
Albania is a republic with a unicameral assembly, to which deputies are elected by universal suffrage for four-year terms.
Albania was liberated from the Axis invaders without the aid of the Red Army or of direct Soviet military assistance, and received most of its war matériel from the Anglo-American command in Italy.
www.encyclopedia.com /html/section/albania_history.asp   (2380 words)

  
 Economy - Albania - Europe
Albania emerged from the Communist era as the poorest country in Europe.
However, in 1993 Albania’s gross domestic product (GDP) grew by 11 percent; in 1994 by 7 percent; and in 1995 by 6 percent—the highest growth in Europe.
The rapid growth was due mainly to a recovery in farming spurred by rapid privatization and land reforms.
www.countriesquest.com /europe/albania/economy.htm   (330 words)

  
 Albania Economy
Albania was the last of the central and eastern European countries to embark upon democratic and free market reforms.
Albania’s public debt reached 57.5% of GDP in 2006, and the growing trade deficit was estimated at 25% of GDP in 2006.
Albania is part of the international Stabilization Force (SFOR) serving in Bosnia, and Albanian peacekeepers are part of the International Security Assistance Force in Afghanistan and the international stabilization force in Iraq.
www.traveldocs.com /al/economy.htm   (1234 words)

  
 SOS Children's Villages - Albania , culture, economy and history
Albania is a mountainous country in which about 70% of the land lies above 300 m.
Albania's largest lakes are Lake Scutari in the north, Ohrid in the east, and Lake Prespa in the southeast.
Albania has more than 3600 libraries, the most important being the National Library of Tirana where about one million books are kept.
www.sos-childrensvillages.org /html/country_information_albania.html   (1112 words)

  
 Inogate Countries - REPUBLIC of ALBANIA (Economy)   (Site not responding. Last check: 2007-10-26)
Albania is still dependent on foreign aid and remittances from expatriates abroad.
While Albania was almost totally dependent on foreign aid for food during the transition years from 1991 to 1993, by 1994 the reforms began to pay off.
In the mid-1990s about half of Albania's exports were unprocessed goods, with food and cattle occupying a high percentage.
www.inogate.org /html/countries/economy/albania_ec.htm   (846 words)

  
 Albania - The Economy
Nevertheless, agriculture was certain to remain the economy's cornerstone for the foreseeable future.
Albania's opening to the world had a major impact on the freedom of enterprises and people to participate in foreign trade, but the country's escalating foreign debt and currency problems rendered it incapable of importing badly needed materials and equipment.
Albania's communist regime published few economic statistics, and Western scholars found that the sparse data made available were often neither accurate nor consistent.
countrystudies.us /albania/63.htm   (970 words)

  
 Albania Flag, Albania History, Culture of Albania, Economy of Albania, Flag of Albania
Albania is made up of mainly the native people which form 95% of the population.
The flag of Albania is red in colour with a fl two-headed eagle in the center.
Albania ranks very low when it is subjected to an economy comparison with other countries of Europe.
www.mapsofworld.com /country-profile/albania1.html   (611 words)

  
 Economy of Kenya - Wikipedia, the free encyclopedia
In 1997, however, the economy entered a period of slowing or stagnant growth, due in part to adverse weather conditions and reduced economic activity prior to general elections in December 1997.
In July 1997, the Government of Kenya refused to meet commitments made earlier to the IMF on governance reforms.
Following strong economic growth in 1995 and 1996, Kenya's economy has stagnated, with GDP growth failing to keep up with the rate of population growth.
en.wikipedia.org /wiki/Economy_of_Kenya   (988 words)

  
 Economy Of Albania   (Site not responding. Last check: 2007-10-26)
If you would like to use this flag of Albania or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
If you would like to use this map of Albania or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
If you would like to use this information for Albania or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
www.appliedlanguage.com /country_guides/albania_country_economy.shtml   (449 words)

  
 Shkodër, Albania
Shkodër (Albanian: Shkodër or Shkodra, Latin Scutari, German Skutari, Serbian Skadar) is a city located in North West Albania, in the District of Shkodër and it is the capital of the County of Shkodër.
The city is one of the oldest in Albania and it is also an important cultural and economic center.
After World War I, the international military administration of Albania was temporarily located in Shkodra, and in March, 1920, Shkodra was put under the administration of the national government of Tirana.
creekin.net /c1109-n2-shkod-r-albania.html   (1420 words)

  
 Albania under the Command Economy
The organization and performance of Albania's command economy can be divided into five periods; after WWII to 1945, 1945 to 1948, 1948 to 1960, 1961 to 1978, and 1978 to 1992.
Albania's leadership was determined to concentrate on heavy industry.
Albania's third five year plan (1961- 1965) deviated greatly from the Soviet's advice to concentrate on agriculture.
www.bu.edu /econ/faculty/kyn/newweb/economic_systems/Economics/Economic_History/Albania/echist_albania.htm   (1110 words)

  
 Albania: Economy   (Site not responding. Last check: 2007-10-26)
The country's economy contracted in the early 1990s as Albania attempted to move quickly from a tightly controlled state-run system to a market economy.
Albania is rich in mineral resources, notably oil, lignite, copper, chromium, limestone, salt, bauxite, and natural gas.
Central and Eastern Europe: Albani - Albania's Slow Awakening - As The Economy Continues To Expand, Foreign Banks Are Gradually Moving Into Albania, With Growth In Lending And Consolidation.
www.infoplease.com /ce6/world/A0856539.html   (372 words)

  
 BBC NEWS | Business | Albania's economy shakes off its shackles
Albania has battled with Stalinist-style rule, near anarchy and floods, but now the economy is finding its feet.
But Brussels insists Albania has to tackle serious problems before any progress can be made up the EU ladder.
Remittances from abroad - estimated to run at between $750m and $1bn - are one of the mainstays of the economy.
news.bbc.co.uk /2/hi/business/2681449.stm   (636 words)

  
 Albania (09/05)
Albania shares a border with Greece to the south/southeast, Macedonia to the east, and Serbia and Montenegro (including Kosovo) to the north and northeast.
Albania's territorial integrity was confirmed at the Paris Peace Conference in 1919, after U.S. President Woodrow Wilson dismissed a plan by the European powers to divide Albania among its neighbors.
Albania adhered to a strict Stalinist philosophy, eventually withdrawing from the Warsaw Pact in 1968 and alienating its final remaining ally, China in 1978.
www.state.gov /r/pa/ei/bgn/3235.htm   (3747 words)

  
 ALBANIA   (Site not responding. Last check: 2007-10-26)
It is bordered by Montenegro in the north, Serbia in the north-east, the Republic of Macedonia in the east, and Greece in the south, has a coast on the Adriatic Sea in the west, and a coast on the Ionian Sea in the southwest.
The derivation of the name Albania is of considerable antiquity, dating back perhaps to the pre-Celtic alb, from whence Alps, or possibly from the Indo-european albh, from whence albino and Albion.
Albania consists of mostly hilly and mountainous terrain, the highest mountain, Korab in the district of Dibra reaching up to 2,753 m.
www.faktoen.com /wiki/en/al/Albania.htm   (724 words)

  
 Transportation - Economy - Albania - Europe
Albania’s archaic transportation system is one of the biggest hurdles to economic growth.
Private cars were banned in Albania until 1991 when there were only 50,000 registered vehicles (about 15 for every 1,000 people).
Albania has 447 km (278 mi) of railroad track, much of it built in the 1940s.
www.countriesquest.com /europe/albania/economy/transportation.htm   (200 words)

  
 Albania under the Shadow of the Pyramids by Carlos Elbirt
In Albania, after the death of the communist despot, Enver Hoxha, a pyramid-shaped building was built and dedicated to his memory.
Albania was doing well until the crisis exploded-at least it appeared so on the surface.
Since the fate of a society depends, in the end, on the strength of its institutions, its public sector, and its civil society, it should not be surprising that Albania had tremendous problems.
www.mlm-beobachter.de /mlm/albania_org.htm   (1545 words)

  
 [ALBSA-Info] Albania's economy needs investment-c.bank   (Site not responding. Last check: 2007-10-26)
INTERVIEW-Albania's economy needs investment-c.bank 01:12 p.m Jan 24, 2000 Eastern By Linda Spahia TIRANA, Jan 24 (Reuters) - Impoverished Albania is basking in steady macroeconomic growth after years of turmoil, but the country faces a crisis unless the underlying economy also blossoms, the central bank governor said on Monday.
Investment in Albania's tattered infrastructure and industry continued to be thwarted by concerns over public order, rampant corruption and smuggling.
Last week, the Bank of Albania cut interest rates for three and six month deposits to 8.0 and 8.25 percent respectively, both from a previous 9.25, and rates for 12-month deposits to 8.5 percent from 9.0 percent.
www.alb-net.com /pipermail/albsa-info/2000-January/000069.html   (697 words)

  
 Albania - ECONOMY   (Site not responding. Last check: 2007-10-26)
Note: Albania perennially ran a substantial trade deficit; government tied imports to exports, so deficit seems to have been greatly reduced if not eliminated.
Up to 1990, Albania was largely selfsufficient in food; thereafter drought and political breakdown necessitated foreign food aid.
In July 1991 the EC enrolled Albania in its program for technical assistance to former communist countries.
www.country-data.com /cgi-bin/query/r-138.html   (348 words)

  
 WAITRO.org - Resources - Restructuring the Economy of Albania
in the Restructure of the Economy of Albania -
Albania has a large rural economy with agriculture generating close to 60% of output, and industry and construction 20 percent.
Albania also consents to the submission of the dispute resolution to the International Center for Settlement of Investment Disputes to be treated in accordance with the Convention on the Settlement of Investment Disputes between States and National of Other States.
www.waitro.org /modules/wfsection/article.php?articleid=101   (6089 words)

  
 Albania, a new emerging economy
Albania has come to occupy a special place in the anti-terrorist struggle; it is becoming in all but name a NATO country.
Albania has been a transit point for drug-running and smuggling across the Adriatic since at least 1989, with the downfall of communism, actually long before its advent.
Albania is hoping to be included in the next wave of expansion of NATO at the Prague summit the next meeting of the organisation in November.
www.newnations.com /archive/2002/June/al.html   (1515 words)

  
 Albania - The Precommunist Albanian Economy   (Site not responding. Last check: 2007-10-26)
Subsistence and feudal agriculture so dominated Albania's economy in the state's early years that even trained carpenters, joiners, and flsmiths were in short supply.
Albania's leaders lacked accurate data on the country's agricultural output, as well as on the extent and characteristics of its farmland, livestock herds, and oil and mineral deposits.
In the late 1920s, agriculture contributed over 90 percent of the national income although only 8 percent of the country's land area was under cultivation and the entire farm sector could boast only thirtytwo tractors (see Table 3, Appendix).
countrystudies.us /albania/65.htm   (384 words)

  
 Albania - Economy
Lagging behind its Balkan neighbors, Albania is making the difficult transition to a more modern open-market economy.
The economy is bolstered by annual remittances from abroad of $600-$800 million, mostly from Greece and Italy; this helps offset the towering trade deficit.
Note: Albania has a large gray economy that may be as large as 50 percent of official GDP.
www.exxun.com /Albania/e_ec.html   (578 words)

  
 Economy of Guyana - Psychology Central   (Site not responding. Last check: 2007-10-26)
The government reported that the economy grew at a rate of 7.9 percent in 1996, 6.2 percent in 1997, and fell 1.3 percent in 1998.
Net emigration in 1998 was estimated to be about 1.4 percent of the population, and in 1999, this figure totalled 1.2 percent.
After years of a state-dominated economy, the mechanisms for private investment, domestic or foreign, are still evolving.
psychcentral.com /psypsych/Economy_of_Guyana   (907 words)

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