User:Iaof2017/sandbox7
Economy[edit]
Following the collapse of communism, Albania transitioned from a socialist planned economy to a capitalist mixed economy. Presently, the country is classified as a developing open market economy with an upper-middle income status.[1][2] Albania's economy exhibits a diverse range of sectors, each contributing to its economic landscape in varying degrees of significance. https://www.instat.gov.al/en/statistical-literacy/gross-domestic-product/
https://www.lloydsbanktrade.com/en/market-potential/albania/economical-context
Listed within the top 50, the country's economy is ranked among the world's most free economies, according to both the 2022 ranking of the Economic Freedom of the World and the 2023 Index of Economic Freedom.[3][4]
Independence[edit]
The independence of Albania from the Ottoman Empire in 1912 marked a pivotal event in the formation of the modern Albanian nation.
Fourth Republic[edit]
The fall of communism paired with the revolutions of 1989 marked the beginning of Albania's transition from a one-party state to a multi-party democracy. Subsequent to the attainment of widespread in the first multi-party elections of 1991, the communist party maintained a stronghold in the parliament until their defeat in the parliamentary elections of 1992 directed by the Democratic Party led by Sali Berisha.[5] This marked the end of Enver Hoxha's authoritarian rule and the start of a new era of political pluralism.
References[edit]
- ^ "Overview: Identifying strategic opportunities for Albania". OECD iLibrary. Archived from the original on 8 July 2023. Retrieved 8 July 2023.
- ^ "Albania Country Program Evaluation: Chapter 1 | Country Context and World Bank Group Strategy and Program FY11 – 19". Independent Evaluation Group (IEG). Archived from the original on 8 July 2023. Retrieved 8 July 2023.
- ^ "Economic Freedom of the World 2022 Annual Report" (PDF). Fraser Institute. p. 18. Archived (PDF) from the original on 8 July 2023. Retrieved 8 July 2023.
- ^ "2023 Index of Economic Freedom" (PDF). The Heritage Foundation. p. 44. Archived (PDF) from the original on 8 July 2023. Retrieved 8 July 2023.
- ^ "Report: The Elections in Albania". Commission on Security and Cooperation in Europe (CSCE). 4 April 1991. Archived from the original on 1 October 2020. Retrieved 1 October 2020.