Investment Reform Index 2010

Monitoring Policies and Institutions for Direct Investment in South-East Europe

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Using an innovative methodology, the Investment Reform Index 2010 (IRI 2010) monitors investment-related policy reforms in the economies of South-East Europe and compares these to best practices in the OECD area. Based on inputs from governments, the private sector, independent experts and multilateral organisations active in the region, the IRI 2010 assesses policies and institutional settings in eight fields of policy critical to domestic and foreign investors. These are: investment policy and promotion; human capital development; trade policy and facilitation; access to finance; regulatory reform and parliamentary processes; infrastructure for investment; tax policy analysis; and SME policy. For the economies examined, the IRI 2010 provides an independent and rigorous assessment of investment-related policy settings and reform against international good practice, guidance for policy reform and development and an evidence base with which to facilitate prioritisation of donor activities supporting investment and growth.




Albania has experienced strong economic growth in recent years. This occurred alongside a shift in national output from agriculture and industry to services and construction. Despite being one of the poorest SEE economies, the country has weathered the global financial crisis quite well. It is the only South-East Europe (SEE) economy where real GDP growth is expected to remain positive in 2009. Real GDP had increased at an average rate of 6.2% between 2005 and 2008, one of the highest rates in the region. The International Monetary Fund and the European Bank for Reconstruction and Development (EBRD) both forecast positive real GDP growth in 2009 of 1.8% and 3% respectively (IMF, 2009; EBRD, 2009).


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