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October 2014 - present
Publications
Publications (32)
This study uses annual time series data from 2000 to 2021 to investigate the relationship between primary energy consumption and growth in Albania, Serbia, Croatia, Bulgaria, and Romania. These countries are economies that are located in Southern Eastern Europe and have been through a number of episodes that have made them of particular importance...
The objective of the study is to analyze role of educational level of immigrants in the country of origin, training, and the recognition of school documents in economic integration and employment. In this study, the motivation and the reasons for sending and the destination of the use of remittances was analyzed. The Cassarino's model theoretical a...
With the development of globalization, interest in FDI has increased. Many countries have made it a priority to attract Foreign Direct Investments through various projects. The movement of capital from one country to another is closely related to the many advantages the host country offers investors from the country of origin. This is only through...
During the last three decades, Albania has maintained steady economic growth which has significantly improved the poverty rate and living standards. However, demographic change has influenced differences in regional development, pres suring the government to draw up new socioeconomic policies to prevent greater inequality between the regions. Inter...
The growth of industrialization, urbanization, and changes in the pattern of life, factors associated with the economic growth process, have pushed higher pressure on developing countries to increase their awareness toward a green economy. Also, the Covid-19 pandemic proved that developing countries with little experience in green investments were...
The countries of the Western Balkans, during the last years, are increasingly turning into an attraction for foreign direct investments (FDI). FDI is considered the main factor for the economic growth of the countries in question, thanks to the opening of new jobs, the transfer of technology and the increase in productivity. That said, FDI in the c...
This paper shows the relationship between inflation and gross domestic product (GDP) and their effects on the country’s economy, as well as changes that have occurred in the economic growth of our country by studying the changes in GDP and inflation. In this paper, we make an attempt to understand what happens to GDP when it encounters problems, su...
How to cite this paper: Merko, F., & Habili, M. (2023). Impact of interest rate, exchange rate, and inflation on commercial banks' performance. Corporate & Business Strategy Review, 4(2), 15-28. This study aims to measure the impact of interest rates, exchange rates, and inflation on the performance of commercial banks in Albania, using monthly dat...
The last three decades of post-communism transformation in Albania have witnessed intense social and economic changes. The internal demographic transformation from rural to urban areas and from the northeastern mountain region to the district of the coast and Tirana spontaneously created a new economic zone named DURANA. Even though the total popul...
International trade allows countries to expand markets for goods and services that otherwise may not have been available. These trade benefits have encouraged countries to strengthen trade ties and seek new trade opportunities, Adam Hayes (2022). This paper aims to investigate the role of distance and economic mass in gravity regressions. It also e...
Wars are considered one of the causes of economic crises. The war in Ukraine has led to growing economic uncertainty, as it has severe consequences for many countries' economies. One of them is the increased prices of food products such as oil, wheat, corn, and hydrocarbons. The increase in the prices of these products has caused an unpredictable r...
Wars are considered one of the causes of economic crises. The war in Ukraine has led to growing economic uncertainty, as it has severe consequences for many countries' economies. One of them is the increased prices of food products such as oil, wheat, corn, and hydrocarbons. The increase in the prices of these products has caused an unpredictable r...
Albanian economic and political transition in the early 1990s have contributed to several improvements for citizens: standards of living have improved, and labor market is transformed, following the industrial transformation process. Albanian economy has expanded rapidly in the 2000s due to the economic openness, the deregulation of factory and out...
Personal finance is affected by micro and macro factors. It`s important for managing our money through
budgeting, spending, and savings. Usually, there is a certain line between elements of personal finance,
but during the pandemic, the bond and other effects of personal finance, function at a different pace.
During the pandemic, spending went u...
This paper examines the impact of Economic Freedom on the standard of living in Albania.
Using macroeconomic data for the period 2000-2020, we answer some research questions
related to this issue for the Albanian economy. Economic Freedom is the fundamental right
of a person to control his work and property. In an economically free society, indi...
This paper focuses on the analyses of the digitalization of enterprises and its performance impact in Albania. Using data from 2019 Enterprise Surveys (ES) we try to give answer questions related to digitalization that characterize Albanian enterprises. The survey was a shared project of the European Bank for Reconstruction and Development (EBRD),...
This article focuses on an analysis of the digitalisation of enterprises in Albania and its impact on their performance with a view to understanding better the role of digitalisation and the experience of private sector firms in this area. The research draws on an econometric analysis of World Bank data examining firms’ experiences and their percep...
Fighting against money laundering and corruption is being a continuous problem for keeping the integrity of the socio-economic system of a country. Usage of the money generated from criminal activity in legal and formal economy seriously harms the stability and solidity of subjects/actors operating in a certain market and also the entire financial...
This paper examines the relationship between environment and economic development in Albania. We use macroeconomic data for the period 2000-2018 to answer the research question on the relationship between deforestation trends and economic growth. According to the literature, there is a "U" shaped relationship between GDP and the environment. This i...
In this paper we explain the notion of financial literacy and its importance for citizens,financial institutions and society as a whole. Low level of financial literacy andinsufficiently organized institutional framework can create many problems forindividuals and financial institutions as a whole. In Bosnia and Herzegovina, a very smallnumber of p...
Managing issues related to health, safety, the environment and the community is considered an integral part of business activities. All of these are related to the so-called Corporate Social Responsibility (CSR), according to which companies around the world create policies that define the responsibilities, standards and framework for efficient man...
This paper examines the impact of insurance market on economic development in
Albania. We use macroeconomic data for the period 2006-2015 in order to answer a
research question about the nexus between the insurance market development and
economic growth. In our paper the dependent variable, GDP per capita, is analysed in
relation to the following s...
In this paper we investigate the relationship between fiscal policy and consumption in Albania during the period 2000-2016.
Small and medium enterprises ensure market diversification, promote innovation, and provide employment opportunities. So far, small and medium enterprises are credit scarce and exposed to credit crunches during financial crises. In this paper, both demand and supply side factors influencing small and medium enterprises’ financing conditions in Alba...
This material is an introduction of the main indicators having affected unemployment and job market, it is a theoretical and empirical analysis of different active policies of employment. The data used in this empirical analysis are observed during the last 15 years. Unemployment, is known as a macroeconomic “chronic disease” to which adding inflat...
