The assignment for IPA II Monitoring, Reporting and Performance Framework (MRPF) has lasted over roughly one year, from December 2014 to December 2015, and its three successive Specific Objectives or components have been the following: Specific Objective 1: Help design and streamline the...

This report is one of a series of reports produced by Business & Finance Consulting GmbH (BFC) for European Investment Bank (EIB) as part of the project “Assessment of financing needs of SMEs in Western Balkans countries.” The series of reports includes individual reports on Albania, Bosnia...

This briefing paper draws on the recently adopted Sustainable Development Goals and the previous statements regarding inclusive education so as to propose guidelines for international aid in the area of education. Basically, both concepts stand for a wide-ranging view of education in the frame...

Background: In February 2014, the Executive Board approved a three-year Extended Arrangement with access equivalent to SDR 295.42 million (492.4 percent of quota). So far, four purchases totaling the equivalent of SDR 123.1 million have been made, and another one equivalent to SDR 57.76 million...

The European Commission is committed to providing factual information on past and future enlargements and to cooperating with strategic partners and multipliers to communicate with the public on enlargement. Broad public support is essential in order to sustain the enlargement process. The...

This paper examines the transmission mechanism of monetary policy in Albania during 2002 M01 - 2014 M12. The main question addresses the macroeconomic pass-through effects of a monetary policy shock, with regards to a conventional interest rate and possible different balance sheet policy...

This paper examines the phenomenon of financial euroization in Albania, focusing on the liability side of the banking system. It explores some of the main theoretical and empirical determinants of deposit euroization in the context of the high euroization rates originating in the transition...