Abstract
In the context of the globalization process, in this paper, are analyzed the Turkish-Albanian economic relations and their perspective. Since Albania and Turkey are two countries with open economies, with a century old common history, it is interesing to analise the economic relations between them. This becomes even more interesting in terms of the features of their economic development. In the past ten years, Turkey has experienced only high rates of economic growth, achieving seventh place in Europe in GDP indicator and the 15th in the world. Turkey has an economy that was not affected by the financial crisis and global recession. The material analyse two main branches of the Turkish economy: agriculture and industry. Furthermore it is presented the dynamics of some key economic indicators, the dynamics of unemployment, GDP and inflation. Moreover, it is exposed the order of the Turkish economy in relation to the European economy and the world economy, Turkey's relations with the world, etc. Recently, the Albanian economy has marked progress. In the paper are presented some of the main economic indicators of economic areas,focusing on such indicators as: GDP, inflation and unemployment. Also, we have analysed the existing bilateral relations between Turkey and Albania. The analysis is focused mainly on Turkish investments in Albania and export-import relations. Changes in economic structure and ownership, associated with corresponding changes in legislation have created the possibility of a new collaboration. Up to now the relationship between the two countries, despite the historical connection, have been unsatisfactory. This fact is confirmed and emphasized by leaders of the two countries. In the material is also considered the prospect of Turkish-Albanian economic relations. It is presented the vision of Turkish Government in 2013. Albanian economy What offers the Albanian economy to the Turkish economy? Which are the strengths and weekness? What are the problems faced by Turkish businessmen in Albania? DOI: 10.5901/jesr.2014.v4n2p422
Highlights
Turkey and Albania are the two Balkan countries with a common history of many centuries
Despite the introduction of the Turkish capital in the Balkans, Albania has not known any apparent influx of Turkish investments
Turkey circulates in Albania a capital of $ 420 million, while Albania exports to Turkey over $ 130 million value of goods
Summary
Turkey and Albania are the two Balkan countries with a common history of many centuries. Turkey is an industrial country agriculture plays an important role in the production of national wealth. O Turkey's exports to the EU in 2007: € 44.2 billion o Imports of Turkey with the EU in 2007: € 50.2 billion o The trade deficit with the EU in 2007: € 6 billion o Industrial production occupies 30% of the GDP, services occupy 60% and agriculture 10%. Free trade agreements applied with Albania are: - Stabilisation and Association Agreement - Free Trade Agreement Central Europe (CEFTA) - Free Trade Agreement with Turkey - Albania and Programme of Generalized System of Preferences (GSP) of the United States of America In Albania today operate 16 commercial banks with foreign capital and domestic, wholly private. We are providing the dynamics of these indicators
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