Albania Country Risk Report - Business Monitor International - Industry Reports

Albania Country Risk Report

Albania Country Risk Report - Business Monitor International - Industry Reports
Albania Country Risk Report
Published May 26, 2015
41 pages — Published May 26, 2015
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Abstract:

--). Deteriorating relations between both countries will reduce the already diminishing willingness of EU member states to consider beginning talks on accepting either Albania or Serbia as a potential new member. More Progress needed in other Areas We believe full EU accession for Albania remains outside our ten-year forecast for the country. ...Political institutions remain in a nascent stage of development, which exposes the country to frequent bouts of extra-parliamentary opposition. With the likelihood of outbreaks of social unrest relatively low, particu- larly when compared to some of Albania s regional peers, the most pertinent long-term political risk facing policy makers and foreign investors centres around the prospects for eventual EU membership. Given the strong consensus among the country s different political parties for greater integration with EU political and economic - Business Monitor International Ltd www.bmiresearch.com ...challenges And threats to stability Poverty Still Pronounced: Although we hold a reasonably positive outlook on Albania s long-term growth prospects, we maintain that the country will remain among the least developed in south-eastern Europe over our ---year forecast period. Indeed, with approximately -- of the population living below the poverty line, convergence with the developed states of Western

...Political Institutions Underdeveloped: Albania s political institutions remain relatively weak. A clear lack of dialogue and an unwillingness to compromise among the country s main political parties, in addition to ongoing distrust of and failure to accept national election results (although the ---- elections were an improvement), has often paralysed parliament, thereby constraining the government s ability to pursue a coherent policy agenda. ...Political Institutions Underdeveloped: Albania s political institutions remain relatively weak. A clear lack of dialogue and an unwillingness to compromise among the country s main political parties, in addition to ongoing distrust of and failure to accept national election results (although the ---- elections were an improvement), has often paralysed parliament, thereby constraining the government s ability to pursue a coherent policy agenda. Moreover, public dissatisfaction with the government s inability to raise living standards, particularly in the face of endemic corruption, continues to risk frequent outbreaks of public unrest. ...Taking these structural challenges into account, BMI s Long- Term Political Risk score for Albania stands at --.- out of ---, putting it -- out of -- rated states in emerging Europe. Indeed, for all of the country s shortcomings, it is important to note that

...core Views Albania s economy will remain on a low growth trajectory over the coming years, unless more structural reforms can be implemented to tackle longstanding issues of competitiveness and corruption. The recovery will mainly be built on improving consumer spending. ...

  
Source:
Document ID
2041-6555
Country
Format:
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Albania Country Risk Report" May 26, 2015. Alacra Store. Dec 05, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Albania-Country-Risk-Report-2026-1700>
  
APA:
Business Monitor International - Industry Reports. (2015). Albania Country Risk Report May 26, 2015. New York, NY: Alacra Store. Retrieved Dec 05, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Albania-Country-Risk-Report-2026-1700>
  
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