Albania: Selected Issues

July 12, 2010

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Format: Chicago

Albania: Selected Issues, (USA: International Monetary Fund, 2010) accessed November 21, 2024

Summary

Inflation in Southeastern European (SEE) countries has been comparable with euro area inflation, partly owing to on the one hand, high initial price levels. On the other hand, the exchange rate regime is of paramount importance, including the inflation-targeting regime pursued in Albania. The analysis also explores additional heterogeneity between SEE and other regions. Two fiscal rules—a debt rule and an expenditure rule with a debt brake—are discussed in the context of Albania’s current economic outlook. Both rules will contribute toward enhancing fiscal sustainability in Albania.

Subject: Exchange rate arrangements, Expenditure, Fiscal policy, Fiscal rules, Foreign exchange, Inflation, Prices, Public debt

Keywords: Central Asia, CR, Debt rule, Eastern Europe, Exchange rate arrangements, Excl. Serbia, Expenditure rule, Fiscal rules, GDP projection, Global, Inflation, ISCR, Middle East, North Africa, Price level index, Rule, SEE country, SEE region, Sub-Saharan Africa

Publication Details

Pages:

25
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/206
Stock No:

1ALBEA2010002
ISBN:

9781455205615
ISSN:

1934-7685

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