Country Partnership Framework for Albania 2015-2019

This Country Partnership Framework (CPF) sets out the World Bank Group (WBG) program for Albania for the period FY15-19, aimed at supporting Albanias aspiration to achieve equitable growth and integration into the European Union. Albania emerged fr...

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Bibliographic Details
Main Author:	World Bank Group
Format:	Report
Language:	English en_US
Published:	World Bank, Tirana 2015
Subjects:	TARIFFS EMPLOYMENT CAPITAL MARKETS FINANCIAL SERVICES REGULATORY FRAMEWORK UNEMPLOYMENT RATES ECONOMIC GROWTH ACCOUNTING WASTE MANAGEMENT URBAN GROWTH FOREST MANAGEMENT FINANCIAL MANAGEMENT FISCAL DEFICITS INTEREST HEALTH EXPENDITURES LAWS AGRICULTURAL PRODUCTION GUARANTEES PRIVATIZATION INDUSTRY PRODUCERS RESOURCE MANAGEMENT PROPERTY RIGHTS LOCAL GOVERNMENTS BALANCE OF PAYMENTS FINANCIAL RESOURCES RESOURCE ALLOCATION LABOR FORCE WATER SUPPLY SERVICES PUBLIC SERVICES POLITICAL ECONOMY HOUSING REVENUES FISCAL POLICY TAX COMPLIANCE SUSTAINABLE MANAGEMENT CAPITAL ADEQUACY INCENTIVES PROJECTS REAL WAGES SUSTAINABLE DEVELOPMENT INFLATION LOCAL GOVERNMENT FINANCE MUNICIPALITIES ECONOMIC ANALYSIS SAFETY NETS BUDGET MACROECONOMIC STABILITY FISCAL POLICIES SAVINGS TECHNICAL ASSISTANCE OIL CROWDING OUT CAPITAL GAINS TRANSPORT PRODUCTIVITY OPTIONS MIGRATION TRANSFERS FINANCIAL INSTITUTIONS MARKETS DEBT LOCAL GOVERNMENT DEFICITS LEGISLATION PUBLIC FINANCE FORESTRY LAND RESOURCES WELFARE GAINS LABOR LOANS ENTERPRISES DIVIDENDS NATURAL RESOURCES TRUST FUNDS SUBSIDIES REAL SECTOR LEGAL FRAMEWORK RETURN ON ASSETS FINANCE EFFICIENCY INFRASTRUCTURE TAXES BANKING SECTOR LAND USE BANKS RESOURCES UNEMPLOYMENT EMERGING MARKETS DEREGULATION EQUITY CONSUMPTION SOCIAL SAFETY NETS ACCOUNTABILITY WAGES CLIMATE CHANGE SOCIAL SERVICES FINANCIAL STABILITY SUBSIDIARIES VALUE PENSIONS WAGE RATES BANK GOVERNMENT FINANCE CREDIT DIVISION OF LABOR DEMAND CPI MANAGEMENT INFORMATION SYSTEMS SUSTAINABLE USE SUSTAINABLE GROWTH AGGREGATE DEMAND INCOME DISTRIBUTION PUBLIC EXPENDITURES ELECTRICITY GENERATION EXPENDITURES PROPERTY DECISION MAKING FOREIGN BANKS FISCAL YEAR GOVERNMENT REFORM TRANSACTION COSTS ENVIRONMENT EIB URBAN DEVELOPMENT STREAMS TERMS OF TRADE PUBLIC DEBT TAX REVENUE PROFITABILITY ENERGY EFFICIENCY GOVERNANCE INSURANCE PREFECTURES ECONOMIC DEVELOPMENT CARTELS TRADE PUBLIC AGENCIES LAND LAND PRODUCTIVITY ACCOUNTING STANDARDS RISK COMMERCIAL BANKS ADMINISTRATIVE PROCEDURES COMPARATIVE ADVANTAGE DRAINAGE SERVICES FARMS FINANCIAL MARKETS CIT TAX ADMINISTRATION DECENTRALIZATION REVENUE PRIVATE CONSUMPTION HIGH UNEMPLOYMENT RISK MANAGEMENT LENDING ENTREPRENEURSHIP ENVIRONMENTAL COST SAVINGS LABOR MARKETS GOVERNMENTS PROPERTY OWNERSHIP CIVIL SERVICE HEALTH SERVICES PRICES PRODUCTION COSTS ECONOMIC CONDITIONS ECONOMIES CONSOLIDATION
Online Access:	http://documents.worldbank.org/curated/en/2015/07/24805404/albania-country-partnership-framework-period-fy15-fy19 http://hdl.handle.net/10986/23126

Description
Summary:	This Country Partnership Framework (CPF) sets out the World Bank Group (WBG) program for Albania for the period FY15-19, aimed at supporting Albanias aspiration to achieve equitable growth and integration into the European Union. Albania emerged from the collapse of isolationist communism in the early 1990s as one of the poorest countries in Europe. The country then experienced rapid growth of nearly 6 percent per annum, rising into the ranks of middle income countries by 2008. The global and Eurozone crises in 2008 brought Albanias growth to a near stand-still by 2012, and the country is struggling to recover, particularly given its historic ties to Europes poorer performing economies. The CPF reflects selectivity based on the fundamental priorities of the System Country Diagnostic (SCD) that allows for ramping up support from the World Bank Group. The CPF selectively chooses only five of the twelve SCD priorities, and builds a program of support around this subset of priorities on the basis of additional selectivity filters. These five fundamental priorities include: 1) restoring fiscal sustainability and maintaining financial stability; 2) establishing a high quality business environment; 3) providing clean, efficient, equitable and financially sustainable energy; 4) formalizing and enhancing inclusiveness and sustainability of land markets; and 5) enhancing governance, transparency and accountability of government.

Country Partnership Framework for Albania 2015-2019

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