Advantages and disadvantages of foreign assistance in Albania

Abstract

Albania is known as one of the country with the fastest progress among transition economies. Growth of Gross Domestic Product (GDP) since 1992 was highest from all Central and Eastern European countries including and those countries joined European Union in the recent years. The economic development model along the transition period is characterized by a resources redistribution, dedicating them to efficient activities. In this paper I would like to describe the “road” of foreign assistance during one year in Albania showing the positive and negative side of foreign assistance in developing country and identifying a main tool and instrument that make it efficient and effective.

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