Building Credibility in a Small-Open Economy: A Case of the Bank of Albania

被引:0
|
作者
Drab, Jan [1 ]
Dujava, Daniel [2 ]
Mehmetaj, Nevila [3 ]
机构
[1] Univ Econ Bratislava, Dept Int Trade, Dolnozemska Cesta 1, Bratislava 85219, Slovakia
[2] Slovak Acad Sci, Inst Econ Res, Sancova 56, Bratislava 81105, Slovakia
[3] Univ Shkodres Luigj Gurakuqi, Fak Ekon, Sheshi 2 Prilli,Rruga Studenti 24, Shkoder, Albania
来源
PROCEEDINGS OF THE 3RD INTERNATIONAL CONFERENCE ON EUROPEAN INTEGRATION 2016 (ICEI 2016) | 2016年
关键词
Monetary Policy; Bank of Albania; Great Recession; Credibility; Inflation Targeting; MONETARY-POLICY;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
Economic integration is necessarily accompanied with the process of building credible institutions. This paper focuses on the process of building monetary credibility of a candidate for membership in EU - Albania. It follows the main events that formed Albanian monetary framework and evaluates what effect it had on the Bank of Albania and its actions during the outbreak of the global financial crisis and the Great Recession, when the country became one of the lone economies not falling into recession.
引用
收藏
页码:140 / 148
页数:9
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