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Assessing the impact of inflation and unemployment on economic growth in Albania Cover

Assessing the impact of inflation and unemployment on economic growth in Albania

By: Volfrida Toma  
Open Access
|Sep 2024

Abstract

This manuscript aims to perform an in-depth analysis of the intricate relationship between inflation, unemployment, and economic growth within the Albanian economy. By employing advanced regression analysis techniques and thoroughly measuring the correlation between these key economic variables, this study endeavors to shed light on the underlying dynamics that characterize the economic landscape of Albania. Focusing particularly on the most recent period, the research seeks to provide a significant contribution to the existing body of knowledge regarding the country’s economic fluctuations and trends. The study meticulously synthesizes the findings from the regression analysis to offer insightful conclusions that elucidate the complex interactions between inflation, unemployment, and economic growth in Albania. The utilization of regression analysis and correlation metrics is expected to yield precise and detailed insights into these economic phenomena, thereby enhancing the understanding of how these variables influence each other. This research holds the potential to offer valuable recommendations for policymakers, economists, and stakeholders involved in shaping the economic policies of Albania. Ultimately, the study aims to contribute to a more nuanced comprehension of the economic dynamics within Albania and the multifaceted relationship between inflation, unemployment, and economic growth.

DOI: https://doi.org/10.2478/bjir-2024-0016 | Journal eISSN: 2411-9725 | Journal ISSN: 2410-759X
Language: English
Page range: 54 - 63
Published on: Sep 14, 2024
In partnership with: Paradigm Publishing Services
Publication frequency: 3 issues per year

© 2024 Volfrida Toma, published by International Institute for Private, Commercial and Competition Law
This work is licensed under the Creative Commons Attribution-NonCommercial 4.0 License.