Annual Report 2006 - Chapter 1. World Economy
Production date: 10.05.2007
Printed on: 10.05.2007
Author: Bank of Albania
Material category
Periodic Publications, Annual Reports
Short Description
The world economy was characterised by positive developments during
2006. The maintaining of high growth rates and the expansion of the base
line of economies contributing to it, testify the consolidation of expansion
cycle. The sharp oil price rise and grave geopolitical situation have put the
stability of economic activity into difficulty, without managing to reverse it.
Macroeconomic policies have remained on the encouraging side, though the
largest central banks have taken measures to tighten the monetary policies,
in response to inflationary pressures.
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