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The Economic Informallity Opposite Fiscal Policy and the Legal Vacuum Issues. the Features of the Tourism Sector Informallity in Albania

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Listed:
  • Teuta Balliu
  • Aida Gaçe Llozana
  • Mimoza Kotollaku

Abstract

Economists and researchers increasingly debate regarding costs, benefits and even measurements of the informal economy. Such discussions are also indisputable part of our country reality. They evidence more and more the influence that the informal economy occupies in the gross domestic product of a country. Others consider informal economy as lubricating social welfare. Nowadays taking into account the economic situation in Albania, the informal economy is considered blow in the market competition, this competition which in turn is considered of particular importance for the economic development of the country. Throughout the paper we will look at whether the policies and strategies of a state, undertaken in the framework of economic growth, do not bring a reduction in unemployment and efficient distribution of income then there will be no reduction of informality. In terms of tourism sector it will be concluded that it is this informality which deviates the so much required standards in domestic tourism. In the region, the lodging taxes are estimated at 1 euro, while in our country it varies no more than 5 percent of the price of the room. This is why it remains difficult to calculate costs, which amounts millions of euros just in this part of the tourism sector.

Suggested Citation

  • Teuta Balliu & Aida Gaçe Llozana & Mimoza Kotollaku, 2015. "The Economic Informallity Opposite Fiscal Policy and the Legal Vacuum Issues. the Features of the Tourism Sector Informallity in Albania," European Journal of Economics and Business Studies Articles, Revistia Research and Publishing, vol. 1, May - Aug.
  • Handle: RePEc:eur:ejesjr:18
    DOI: 10.26417/ejes.v2i1.p77-82
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    References listed on IDEAS

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