Albania : Selected Issues and Statistical Appendix

1ALBEA0022003 Image
Price:  $15.00

Release Date: © March, 2003
ISBN : 978-1-45180-071-5
Stock #: 1ALBEA0022003
Stock Status: On back-order

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This Selected Issues paper and Statistical Appendix analyzes causes and consequences of real exchange rate appreciation in Albania. The paper highlights that Albania has experienced a sustained real appreciation since 1992, which appears to have been brought about by largely beneficial developments: price liberalization, productivity growth, external inflows, and a successful stabilization policy. The pace of appreciation has slowed in the last few years, and a real depreciation in 2002 has brought the real effective exchange rate back to its January 2000 level.

More publications in this series: IMF Staff Country Reports