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Fiscal Policy As A Tool Of Economic Stabilization - The Case Of Albania, Almarin Frakulli

UBT International Conference

Processes such as globalization and integration, individuals’ increasing reliance upon technology, limited vital resources in order to ensure normal life increase the complexity of our world and make the State’s economic involvement compulsory. The theory of the use of fiscal policy for promoting economic stability is by now about forty years old. It may be time to ask to what extent fiscal policy has been used in practice as a tool for economic stabilization in Albania; how useful fiscal policy has proven to be, and finally what have been the main obstacles to fiscal policy as a means of economic …