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Correlation between Government and Economic Growth –Fiscal Policy during the Transition in Albania

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Albania among Bank Based System’s Countries

Iliria International Review – 2013/2

149

Abstract

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sustainability).

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economic growth. The analysis many focused both in the theoretical

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easy decision, both in terms of the current state of the economy, as well as political decisions.

Key words:)LVFDOSROLF\6RFLR²HFRQRPLF²VWDWXV(FRQRPLF GHYHORSPHQW )LVFDO VXVWDLQDELOLW\ *RYHUQPHQW (FRQRPLF

growth,

C o r r e l a t i o n b e t w e e n G o v e r n m e n t a n d

E c o n o m i c G r o w t h – F i s c a l P o l i c y

d u r i n g t h e Tr a n s i t i o n i n A l b a n i a

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(2)

1. Introduction

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sustainability).

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is not an easy decision, both in terms of the current state of the economy, and

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only by economists, but from a wider range of people. In this article I discussed

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article closes with conclusions.

2. Fiscal Policy and Economic Growth

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long period long attracted the attention of economists. Unfortunately, studies

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Iliria International Review – 2013/2

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may appear due to the inability of each of the components of the budget to fully

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used for all countries.

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will increase aggregate demand which will result with increased production. In

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showed that the higher is the share of public spending on infrastructure in the

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term agreements, thus contributing to the reduction of production. One of the

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with addition to public debt, we are not in a satisfactory position, if not critical.

(4)

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people in power.

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concern of international institutions, which condition their assistance or loans

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Unemployment remained high, especially in urban and northern areas, where

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economic growth.

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local production.

(5)

Iliria International Review – 2013/2

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(6)

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our economy during these years.

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Iliria International Review – 2013/2

4. Fiscal policy and social protection

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Budgeting of social policies plays an important role in budgetary policies

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Europe. The answer to this phenomenon has been increasing the retirement age

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fund the retirement period.

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social and health insurance, and social welfare support.

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groups, as well as the growing number of pensioners. The number of pensioners

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If we refer to the most recent data regarding the social security budget for

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Iliria International Review – 2013/2

4.1 Scheme of compulsory social insurance

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The minimum salary for the purpose of payment of social security

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a minimum contribution for self-employed persons in agriculture and for

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4.2 Supplementary insurance scheme.

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implementing chart:

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Efforts to increase social security contributions and health should be the

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(10)

5. Fiscal policy and policy role

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interest rate as the main tool of economic management.

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and right appear to systematic changes in their interests in connection with the

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Iliria International Review – 2013/2

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that the left ones are more reliable than the right when dealing with costs cuttings

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... it is not important only what you are doing, but how are you doing it, and who you are´.HHSLQJXSZLWKFRQFOXVLRQVDQGÀQGLQJVRI7DYHUVLWLVGLIÀFXOW

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of corruption, charging policy for this situation. Economic policy discussed

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In e general prior to election periods debates on economic policy between

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the election and still today electoral debates about economic policies the parties

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they are more dimmed. Presentations of economic platforms before elections

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promises.

Before the campaign, politicians do their best to win the elections. It is

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campaign economic platforms and promises should enable the new ruling campaign economic platforms and promises should enable the new ruling

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6. Conclusion:

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important, particularly with regard to position it has in creating of a stable

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policy is based on theoretical and research combined with a responsible political

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an increase in the standard of material e, social, psychological and cultural life for all Albanians.

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the human element, which affects more and more on social economic-outcomes.

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property.

It should be understood that misinterpretation of real property on purpose,

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Iliria International Review – 2013/2

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here about INSTAT an institution that at the time of monism was created and

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measures the speed and direction of the wind). So, depending on the economic policy of the ruling party, which has catapulted into this neuralgic position for

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with the correct answer. Perhaps, these super specialists of planetary fame in

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as a result of chaotic positions of political forces. As a result of these phenomena,

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importing economic and social policies from other countries with political s,

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turned our country into a rat model , or in a laboratory where all sorts of economic

(14)

an endemic problem only for Albania. It is enough if we just set our eyes to

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Comedy in Albania absurd lies in the fact why these politicians, ministers or

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of this corrupted group of people acting in the name of power. To eliminate

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These were some of the ideas, but if the interested parties unite in their

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detailed ideas and conclusions and their applying of in practice as soon as

(15)

Iliria International Review – 2013/2 List of References

%DOGDFFL(PDQXHOH(%5'“Conclusions for the Economic Reform in Albania”

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References

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