This report was prepared in close
collaboration with the Bank of Albania. This report focused
on trade, services, and agriculture; however, the limited
scope of their operations still leaves a potentially large
unmet demand for credit in agriculture. This report focuses
on problems related to the operation of Immovable Property
Registry System (IPRS) and other institutions and the
formalization of property rights and inscription of
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Library ResourceMay, 2012Albania
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Library ResourceApril, 2012Albania
Albania's radical farmland
distribution is credited with averting an economic crisis
and social unrest during the transition. But many believe it
led to a holding structure too fragmented to be efficient,
and that public efforts to consolidate plots are needed to
lay the foundation for greater rural productivity. This
paper uses farm-level data from the 2005 Albania Living
Standards Measurement Survey to explore this quantitatively.
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