Albania Country Program Evaluation
This evaluation assesses the development effectiveness of the World Bank Group’s country engagement in Albania over the period Fiscal Years 11-19. The Bank Group made a substantial contribution to many reforms relevant to Albania’s development prio...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/en/471671617974993019/Albania-Country-Program-Evaluation http://hdl.handle.net/10986/35479 |
| Summary: | This evaluation assesses the development
effectiveness of the World Bank Group’s country engagement
in Albania over the period Fiscal Years 11-19. The Bank
Group made a substantial contribution to many reforms
relevant to Albania’s development priorities, including
Albania’s EU accession goals. Bank Group support was
effective in improving fiscal management and social
protection, strengthening the financial sector, and
expanding waste management and irrigation. The program was
responsive to opportunities, but it could have been more
selective in its engagements. Findings suggested that
analytical work should be used more extensively to build
consensus and capacity for reforms and new lending should be
more selective. Albania had transitioned to a
market-oriented middle-income economy by year 2008. However,
the economic slowdown in the wake of the global crisis led
to a reversal in poverty reduction. The crisis led to
several key economic reforms, not all of which have been
sustained after the recovery. |
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