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Publications published in 2011

Here you can find all publications published during 2011  and listed in a chronological order.


The Albanian economy continued to grow during 2011 H1, although in the presence of added challenges generated by the internal and external economic environment. Tensions in global economies and financial markets, as well as increased prices of food and primary commodities, led to...
Published by Monetary Policy Department on 07.10.2011
Statistical Report - July 2011...
January - June 2011...
Published by Research Department on 05.10.2011
Statistical Report - June 2011...
Annual Supervision Report is prepared by the Supervision Department. It makes an annual analysis of the activity of the banking system and the Bank of Albania supervision during 2010. It also provides a comprehensive framework of the supervisory regulatory changes in line with th...
Published by Bank of Albania on 01.09.2011
Fiscal policy is an important determinant of economic developments and often government decisions on spending and taxes are assigned a crucial role in speeding up or slowing down economic growth. The recent global financial and economic turmoil highlighted the importance of fisca...
Published by Armela Mançellari on 25.08.2011
In this paper the authors develop a small Structural model for the Albanian economy and estimate it using Bayesian estimation techniques. The model captures the essential of small, open, flexible exchange rate economy linkages between the policy instrument (repo rate) and the mai...
Published by Elona Dushku Vasilika Kota on 25.08.2011
Albania opted for a flexible exchange rate from the beginning of transition not simply because of its limited international reserves but also to avoid costly adjustments of possible exchange rate misalignments that usually characterize pegged regimes. While it is tempting to intu...
Published by Ilir Vika, Erjon Luçi on 25.08.2011
The recent financial crisis showed that the credit risk is an important source of risk of the financial system. In this paper the authors have devised a macro stress test for Albania assessing the impact of the direct and indirect credit risk channels using aggregated banks data....
Published by Hilda Shijaku, Kliti Ceca on 25.08.2011
Bank lending survey results for the second quarter of year 2011 showed that credit standards continued to ease on loans to households and to tighten somewhat on loans to enterprises....
Published by Monetary Policy Department on 02.08.2011

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