IDEAS home Printed from
   My bibliography  Save this article

Informality effects in the economy of Albania in light of world s economic crisis


  • Brunilda Muça

    () (Faculty of Economy and Agribusiness, University of Tirana, Albania)

  • Galantina Doraci

    () (Faculty of Economy and Agribusiness, University of Tirana, Albania)


Recently, academicians and economists have expressed a great interest about the informal economy of Albania. This is mainly due to the size of informal economy in absolute and relative terms and to the emphasis economists have placed on the increasing evidence that the size of informal economy, calculated as a percentage of GDP has increased, and grown over the past two decades in many countries of the world. In light of the international economic crisis that was evidenced in 2008, the article will discuss problems of informality in economy as a condition for decreasing the dimensions of impact of the recent economic crises. Informality was and continues to be a concern to the economic circles regarding the theoretical definition, measuring its size and ways to reduce its dimensions. Informality in Albania, according to CIA World Factbook, may be as large as 50 per cent of the official GDP during 2007, 2008, 2009, 2010, and 2011. The aim of this paper focuses in the reduction of informal economy as an anti-crisis factor.

Suggested Citation

  • Brunilda Muça & Galantina Doraci, 2012. "Informality effects in the economy of Albania in light of world s economic crisis," Review of Applied Socio-Economic Research, Pro Global Science Association, vol. 3(1), pages 139-143, July.
  • Handle: RePEc:rse:wpaper:v:3:y:2012:i:1:p:139-143

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Friedrich Schneider & Dominik Enste, 1999. "Shadow Economies Around the World - Size, Causes, and Consequences," CESifo Working Paper Series 196, CESifo Group Munich.
    Full references (including those not matched with items on IDEAS)

    More about this item


    informality; non-official economy; economic crises; farms;

    JEL classification:

    • E26 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Informal Economy; Underground Economy
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rse:wpaper:v:3:y:2012:i:1:p:139-143. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Manuela Epure). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.