{"title":"Necessity for a Grand Strategy","authors":"Blendi Lami, Kristaq Xharo","doi":"10.58944/bvvv9511","DOIUrl":"https://doi.org/10.58944/bvvv9511","url":null,"abstract":"Articulations of notions such as “infringement of sovereignty”, “national union”, “national strategy” or “power capacities” should be done with great prudence by Albanian policy makers. Declarations of Albanian actors have also a direct impact on the behavior of international factor. Declarations of this nature must be filtered first in the “laboratory” of a national – or even grand strategy. Albanian national power determines the behavior of states such as Albania and Kosova. National power is the most popular “currency” for communication in International Relations. Each state uses its power to secure its interests in the international arena. The nature of this struggle for power can only be examined through an analysis of power competition with other nations. No nation can punch above its weight in international relations first and foremost without considering alliances. In this context, this article aims to shed light on the weight of a small state in the international arena, which can be determined by a national strategy. This article concludes that the Albanian geopolitical space need a Grand Strategy and small countries like Albania and Kosova must harmonize their foreign policy with its strategic allies.","PeriodicalId":44272,"journal":{"name":"Terra Economicus","volume":"18 1","pages":""},"PeriodicalIF":1.4,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82015601","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A synthesis of the current situation of University-Industry cooperation in Albania following the Triple Helix Model","authors":"Ketrina Çabiri Mijo, Ermira Qosja","doi":"10.58944/krhx8923","DOIUrl":"https://doi.org/10.58944/krhx8923","url":null,"abstract":"Albanian universities face a variety of challenges which reflect the national and international factors in the political, social, and economic sphere. On one hand Universities shouldestablish high teaching standards whichequip students with necessary competences requested by the labour marketand on the other hand they should play an important role in boosting innovation within industries through scientific research, to impact the economic development of the county. The goal of this research is to analyse the existing collaboration among universities and the industry in Albania, from the perspective of universities and companies. This research uses a qualitative methodology, based on the questionnaires of work page 1 of the KALCEA project. In total, the sample consists of 43 respondents, 16 of which are university senior management staff and 27 leaders/administrators and senior managers of large Albanian companies. Findings of the paper indicate that cooperation between Universities and industry do exist and is claimed as important by both parties. However, it still lacks strategic plannings and structural approaches which establish, inter alia, the necessary culture of synergy and common innovative product.","PeriodicalId":44272,"journal":{"name":"Terra Economicus","volume":"90 1","pages":""},"PeriodicalIF":1.4,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84966653","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Public policy at times of pandemic","authors":"Anjeza Xhaferaj, K. Bello","doi":"10.58944/lqdw4699","DOIUrl":"https://doi.org/10.58944/lqdw4699","url":null,"abstract":"The paper is an attempt to analyse the benefits that remote work could bring in the development of the country. It is organized in three parts. In the first part it engages with the concept of public policy, how it is shaped and should be done to make visible problems that need to be addressed. The second part analysis the benefits of teleworking and potential models for city organization and population distribution to support country development. The last part analyses the case of Albania to discover that remote work, demography, and country development are concepts not yet analysed in connection for exploring the benefits they could bring. The paper concludes that government should invest in developing human resources in the field of digitalisation, so that the number of employees who could telework and companies that could use that expertise is increased. In this way, companies and staff do not necessarily need to locate in the capital or big cities but could locate in medium size cities and periphery. This would contribute to the development of currently neglected areas and decrease living expenses in big cities, making thus more affordable the life for the low-income workers. In doing so, not only the living conditions will improve but the gap between centre and periphery will narrow down and lead to a better distribution of economic benefits across country.","PeriodicalId":44272,"journal":{"name":"Terra Economicus","volume":"16 1","pages":""},"PeriodicalIF":1.4,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87254068","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The insurance market in Albania, the degree of concentration, and consequences on the economy","authors":"Elisa Korsita, Elvin S. Meka","doi":"10.58944/wbfs2351","DOIUrl":"https://doi.org/10.58944/wbfs2351","url":null,"abstract":"The purpose of this study is to critically analyze the insurance market in Albania, its level of concentration, and somehow to answer the question whether it impacts the country’s economy. The study analyzed how the insurance system in Albania has evolved, and more specifically, how the situation and progress of the insurance market in Albania is presented in the last 5 years (2016-2021), and how the degree of concentration of the insurance market in Albania is presented and what contribution it makes to the national economy of Albania. The study hypothesized that, in the insurance market in Albania, we still cannot say that we have optimal competition, as we still have a high degree of concentration, and that this factor has also influenced the weight of the insurance market in the economy of Albania. Throughout the study, the qualitative methodology was used, through the case study, from where, statistical processing and the comparative method was used as a method. The study concluded that within the insurance market in Albania, we still cannot say that we have fair competition, as we still have a high degree of concentration, and that this factor has begun to affect the weight of the insurance market in the economy in Albania. It is recommended that the AMF work more towards stabilizing competition and the degree of concentration of the insurance market in Albania, stabilizing the price level.","PeriodicalId":44272,"journal":{"name":"Terra Economicus","volume":"42 1","pages":""},"PeriodicalIF":1.4,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81816483","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Relationship between education and economic growth","authors":"Emirgena Nikolli, Elona Shehu","doi":"10.58944/uqli8167","DOIUrl":"https://doi.org/10.58944/uqli8167","url":null,"abstract":"The purpose of this research is to examine the relationship between educational attainment and economic growth in Albania. This research analyses how educational opportunities contribute to Albania’s economic growth via the use of empirical data. Additionally, it examines the relationship between education and economic development in Albania. Using general economic theory as a starting point, this study analyses some of the potential implications for Albanian economic and educational policy. By stimulating technological innovation and boosting capital and labor productivity, education expenditure increases the economy’s revenue. Using statistical analysis, empirical research attempts to ascertain the true causal effect of educational and training quality on individual salaries, firm profitability, and the economy as a whole. The results suggest that education may be a critical factor in Albania’s long-term economic growth, making it a critical component of the country’s economic strategy. According to the study’s results, the government and private sector should collaborate to improve education quality via public-private partnerships. The impact of education on economic development and its relationship is portrayed in this study since it should be a primary goal of policymakers.","PeriodicalId":44272,"journal":{"name":"Terra Economicus","volume":"54 1","pages":""},"PeriodicalIF":1.4,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81201450","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Challenges of agricultural insurance development in Albania","authors":"Grisejda Myslimi, Emirgena Nikolli, Joana Shima","doi":"10.58944/qocp5468","DOIUrl":"https://doi.org/10.58944/qocp5468","url":null,"abstract":"Agricultural production is exposed to natural risks that cannot be prevented and lead not only to production losses but also to a decrease in farmers’ income.As a result of these risks, farmers often do not have the opportunity to pay their loans. Against risky borrowers, credit institutions refuse to give loans. Under these conditions, the government must intervene in risk management, trying to reduce these negative effects. The provision of agricultural products as one of the most important instruments for the financial support of this sector will be the focus of this paper. Agricultural insurance provides compensation for economic losses resulting from unfavorable natural phenomena, contributing to the reduction of poverty. Without adequate insurance, lenders would not provide farmers with insurance policies. Agricultural insurance is a tool that helps farmers to predict the future, to protect the business from unforeseen events, supply and demand fluctuations or various operational challenges. In the case of developing countries such as Albania, these markets are not developed. A main problem in the development of these markets is the lack of demand due to unaffordable prices for farmers. One of the biggest challenges of the agricultural insurance industry is not only providing the right insurance product, but also helping agricultural sector in improving risk management practices to increase production. As Hazell (2009) puts it, many agricultural risks cannot be insured on a financially sound basis, but there is scope for increased insurance of farm assets, of the life and health of rural people, and of some specific perils that affect crop and livestock yields. Such insurance could be efficiently provided by the private sector if governments were to remove some of the important constraints impinging on commercial insurers. The greatest challenge is to find ways of insuring low-income rural households against natural hazards on a financially sound basis.","PeriodicalId":44272,"journal":{"name":"Terra Economicus","volume":"6 1","pages":""},"PeriodicalIF":1.4,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84968366","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Terra EconomicusPub Date : 2021-12-25DOI: 10.18522/2073-6606-2021-19-4-36-50
V. Volchik, E. Maslyukova
{"title":"Narrative Economics perspective on modeling national innovation system","authors":"V. Volchik, E. Maslyukova","doi":"10.18522/2073-6606-2021-19-4-36-50","DOIUrl":"https://doi.org/10.18522/2073-6606-2021-19-4-36-50","url":null,"abstract":"Мы применяем методологию нарративной экономики к исследованию российской инновационной системы. Наш метод включает пять этапов: 1) определение круга значимых и влиятельных в плане воздействия на социальные процессы источников, содержащих нарративы; 2) идентификация релевантных нарративов, подлежащих качественному и количественному анализу; 3) выявление степени вирусности и влиятельности нарративов и их связи со значимыми правилами и институтами; 4) выделение и систематизация проблемных ситуаций, связанных с темой исследования и распространением соответствующих нарративов; 5) оценка влияния нарративов, идей, правил и институтов на развитие той или иной проблемной ситуации. Ментальные карты, составленные в результате обзора статей по методу совпадений (сo-occurrence), показали три тематических области, связанные с нарративной экономикой: финансовые рынки; институциональная структура экономики; образование и наука. Мы классифицировали нарративы: a) как источники качественных данных о поведенческих паттернах в определённых социальных контекстах и b) как упрощенные модели, связанные с той или иной научной традицией. В результате анализа отобранных нарративов обозначены шесть центральных проблем, характеризующих российскую инновационную систему: государственное управление инновационной деятельностью; выбор тематики и направлений исследований; спрос на инновации; институциональная структура и конкурентная среда для инноваций; кадры для исследовательской и инновационной деятельности; интеллектуальная собственность. Определены два подхода к использованию нарративов наряду с формальным моделированием. В рамках подхода ex ante формулируются априорные предположения на основе анализа нарративов и выделения значимых проблемных ситуаций, затем проводится моделирование. В рамках подхода ex post нарративный анализ охватывает проблемную область и выводы, полученные на основе моделирования. С помощью нарративов мы дополняем объяснительные гипотезы в плане интерпретации моделируемой ситуации с учетом правил, норм и ценностей, которые акторы считают значимыми при осуществлении выбора.","PeriodicalId":44272,"journal":{"name":"Terra Economicus","volume":" ","pages":""},"PeriodicalIF":1.4,"publicationDate":"2021-12-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49295600","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Terra EconomicusPub Date : 2021-12-25DOI: 10.18522/2073-6606-2021-19-4-127-140
M. Navrátilová, Markéta Beranová, Lucie Severová
{"title":"Economic and institutional aspects of wine consumption in the context of globalization and climate change in Europe and Russia","authors":"M. Navrátilová, Markéta Beranová, Lucie Severová","doi":"10.18522/2073-6606-2021-19-4-127-140","DOIUrl":"https://doi.org/10.18522/2073-6606-2021-19-4-127-140","url":null,"abstract":"","PeriodicalId":44272,"journal":{"name":"Terra Economicus","volume":" ","pages":""},"PeriodicalIF":1.4,"publicationDate":"2021-12-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41656353","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Terra EconomicusPub Date : 2021-12-25DOI: 10.18522/2073-6606-2021-19-4-51-65
Sergey V. Andryushin, R. Grigoryev
{"title":"Ecosystem banks: Forms, risks and methods of regulation","authors":"Sergey V. Andryushin, R. Grigoryev","doi":"10.18522/2073-6606-2021-19-4-51-65","DOIUrl":"https://doi.org/10.18522/2073-6606-2021-19-4-51-65","url":null,"abstract":"","PeriodicalId":44272,"journal":{"name":"Terra Economicus","volume":" ","pages":""},"PeriodicalIF":1.4,"publicationDate":"2021-12-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46774555","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Terra EconomicusPub Date : 2021-12-25DOI: 10.18522/2073-6606-2021-19-4-66-76
Danila E. Raskov, Pavel Tereshchenko
{"title":"Gift exchange and critique of capitalism: From Sieber to Graeber","authors":"Danila E. Raskov, Pavel Tereshchenko","doi":"10.18522/2073-6606-2021-19-4-66-76","DOIUrl":"https://doi.org/10.18522/2073-6606-2021-19-4-66-76","url":null,"abstract":"","PeriodicalId":44272,"journal":{"name":"Terra Economicus","volume":" ","pages":""},"PeriodicalIF":1.4,"publicationDate":"2021-12-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43646821","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}