01608cas a2200241 a 4500 AALejournalIMF001034 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451800685 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Albania : Recent Economic Developments and Statistical Appendix. Washington, D.C. : International Monetary Fund, 1999. 1 online resource (63 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper reviews macroeconomic developments in Albania during 1997-99. Backed by a tightening of monetary policy, inflation subsided quickly in the second half of 1997, and the exchange rate recovered from its earlier sharp depreciation. In 1998, the authorities continued on the path toward macroeconomic stabilization, implementing a tight budget with savings in noninterest current spending and strong revenue measures. Inflation decreased rapidly from 42 percent at end-1997 to below 9 percent at end-1998 and continued on its downward path in 1999. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 1999/069 Full text available on IMF http://elibrary.imf.org/view/journals/002/1999/069/002.1999.issue-069-en.xml IMF e-Library