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E-books --- Albania --- Â-ngì-pâ-nì-â --- Albaani --- Albaania --- Albaania Vabariik --- Albaanje --- Albàinia --- Albani --- Albaniako Errepublika --- Albanie --- Albanien --- Albanii︠a︡ --- Albanija --- Albanio --- Albaniya --- Albaniya Respublikası --- Albanska --- Albánská republika --- Albánsko --- Albanujo --- Albanya --- Albanyah --- ʻAlepania --- Alvania --- An Albáin --- An-ba-ni --- Arbinishia --- Arnautluk --- Arnavutluk --- Arnavutluk Cumhuriyeti --- Arngudin Orn --- Arubania --- Avaña --- Dēmokratia tēs Alvanias --- Dziłigaii Bikéyah --- Elbanya --- Gweriniaeth Albania --- Lalbanän --- Lýðveldið Albania --- Lýðveldið Albaniu --- People's Republic of Albania --- People's Socialist Republic of Albania --- Pobblaght ny h-Albaan --- Poblacht na hAlbáine --- PSR of Albania --- Repóbblica d'l Albanî --- Repubblica di Albania --- Republic of Albania --- Republica Arbinishia --- República d'Albània --- República de Albania --- Republik Albanien --- Republika Albanii︠a︡ --- Republika Albanija --- Republika Albańska --- Republika e Shqipërisë --- Republika Popullore e Shqipërisë --- Republika Popullore Socialiste e Shqipërisë --- Republika sa Albanya --- Republikan kan Albanya --- Republiḳat Albanyah --- Republikken Albanien --- République d'Albanie --- République populaire socialiste d'Albanie --- Repúbrica d'Albánia --- Respublika Albanii︠a︡ --- Respubliko Albanio --- RPS të Shqipërisë --- RSH --- Sheypeni --- Shkipeni --- Shkiperiya --- Shqipenia --- Shqipëri --- Shqipëria --- Shqipni --- Shqipnia --- Shqipnië --- Shqipnija --- Shqipri --- Shqipria --- Shqiprija --- Shqypëni --- Shqypni --- Yn Albaan --- Αλβανία --- Δημοκρατία της Αλβανίας --- Арнгудин Орн --- Албани --- Албания --- Албанія --- Республіка Албанія --- Република Албания --- אלבניה --- רפובליקת אלבניה --- ألبانيا --- アルバニア --- 알바니아 --- Qeverija Demokratike e Shqipërisë --- Economic conditions --- Social conditions

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This paper explores Albania’s current account (CA) deficit that improved in 2016, but remains sizable. The EBA-Lite model results indicate that the external position is moderately weaker than implied by fundamentals and desirable policy settings. Adjusting for Albania’s specific circumstances, the current account gap is estimated at -1.0 percent and the real effective exchange rate is overvalued by about 6 percent, reflecting Albania’s low national saving and large FDI inflows. Though Albania has benefitted from the recent tourism boom in the region, the outlook for exports remains challenging. Despite its cost competitiveness, exports are narrowly concentrated in a few low-value added sectors while new investments in the nonenergy tradable sector are limited. To close Albania’s competitiveness gap and strengthen its external position, the authorities should complete key infrastructure projects to reduce transportation costs and address energy sector reliability; increase domestic savings; improve governance and the rule of law; and raise labor market efficiency by reducing skills shortages.

Albania. --- Â-ngì-pâ-nì-â --- Albaani --- Albaania --- Albaania Vabariik --- Albaanje --- Albàinia --- Albani --- Albaniako Errepublika --- Albanie --- Albanien --- Albanii︠a︡ --- Albanija --- Albanio --- Albaniya --- Albaniya Respublikası --- Albanska --- Albánská republika --- Albánsko --- Albanujo --- Albanya --- Albanyah --- ʻAlepania --- Alvania --- An Albáin --- An-ba-ni --- Arbinishia --- Arnautluk --- Arnavutluk --- Arnavutluk Cumhuriyeti --- Arngudin Orn --- Arubania --- Avaña --- Dēmokratia tēs Alvanias --- Dziłigaii Bikéyah --- Elbanya --- Gweriniaeth Albania --- Lalbanän --- Lýðveldið Albania --- Lýðveldið Albaniu --- People's Republic of Albania --- People's Socialist Republic of Albania --- Pobblaght ny h-Albaan --- Poblacht na hAlbáine --- PSR of Albania --- Repóbblica d'l Albanî --- Repubblica di Albania --- Republic of Albania --- Republica Arbinishia --- República d'Albània --- República de Albania --- Republik Albanien --- Republika Albanii︠a︡ --- Republika Albanija --- Republika Albańska --- Republika e Shqipërisë --- Republika Popullore e Shqipërisë --- Republika Popullore Socialiste e Shqipërisë --- Republika sa Albanya --- Republikan kan Albanya --- Republiḳat Albanyah --- Republikken Albanien --- République d'Albanie --- République populaire socialiste d'Albanie --- Repúbrica d'Albánia --- Respublika Albanii︠a︡ --- Respubliko Albanio --- RPS të Shqipërisë --- RSH --- Sheypeni --- Shkipeni --- Shkiperiya --- Shqipenia --- Shqipëri --- Shqipëria --- Shqipni --- Shqipnia --- Shqipnië --- Shqipnija --- Shqipri --- Shqipria --- Shqiprija --- Shqypëni --- Shqypni --- Yn Albaan --- Αλβανία --- Δημοκρατία της Αλβανίας --- Арнгудин Орн --- Албани --- Албания --- Албанія --- Республіка Албанія --- Република Албания --- אלבניה --- רפובליקת אלבניה --- ألبانيا --- アルバニア --- 알바니아 --- Qeverija Demokratike e Shqipërisë --- Exports and Imports --- Finance: General --- Macroeconomics --- Public Finance --- Criminology --- Fiscal Policy --- International Investment --- Long-term Capital Movements --- Bureaucracy --- Administrative Processes in Public Organizations --- Corruption --- Debt --- Debt Management --- Sovereign Debt --- General Financial Markets: General (includes Measurement and Data) --- Finance --- International economics --- Corporate crime --- white-collar crime --- Public finance & taxation --- Public debt --- Fiscal stance --- Fiscal policy --- Foreign direct investment --- Crime --- Balance of payments --- Debts, Public --- Investments, Foreign --- Exports --- Capital market --- Albania