IDEAS home Printed from https://ideas.repec.org/a/vrs/ajbals/v10y2024i3p57-66n1005.html
   My bibliography  Save this article

Environmentally sustainable economic growth in Albania

Author

Listed:
  • Kumi Evis

    (Tirana Metropolitan University, Albania)

Abstract

While Albania has experienced significant economic growth, it has also faced environmental degradation and social inequality. The article reviews important policies and strategies that Albania has implemented to achieve key transitions around energy, food and digital connectivity, underpinned by expanded access to social protection and decent jobs, and education and skills for the future, which are essential for rewiring the economy to combat another crisis and to reduce inequalities within Albania. Achieving these objectives requires not only strengthened institutions and policy frameworks but also improving key sectors like energy, agriculture, tourism, waste management, and urban development. These issues offer both opportunities and challenges for green growth. The 21st century has brought about various environmental and social challenges, leading to the emergence of the concept of the “green economy.” A green economy aims to reduce environmental risks and ecological scarcity while promoting social justice and improving human well-being. This article explores Albania’s potential to achieve sustainable development through the adoption of an environment friendly economy. The scope of this work is to offer suggestions to accelerate Albania’s move towards a sustainable economy, including the enhancement of governance frameworks to tackle issues such as climate change and biodiversity loss. Moreover, to encourage the growth of ecotourism and the development of a circular bioeconomy, to address the skills gap faced particularly in the areas of innovation and digitalization, to support the value chains SMEs, promoting decent jobs and inclusive employment opportunities.

Suggested Citation

  • Kumi Evis, 2024. "Environmentally sustainable economic growth in Albania," Academic Journal of Business, Administration, Law and Social Sciences, Sciendo, vol. 10(3), pages 57-66.
  • Handle: RePEc:vrs:ajbals:v:10:y:2024:i:3:p:57-66:n:1005
    DOI: 10.2478/ajbals-2024-0020
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/ajbals-2024-0020
    Download Restriction: no

    File URL: https://libkey.io/10.2478/ajbals-2024-0020?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    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:vrs:ajbals:v:10:y:2024:i:3:p:57-66:n:1005. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.