Albania in the face of globalization risks

Abstract

Albania is a country situated in South East Europe, the last country included in the process of democracy and 
market economy. Countries that used to be under the communist regime during the second half of the twentieth 
century, including Albania, are known as countries in transition. All those countries during their transition have 
encountered more or less the same problems such as: - The lack of tradition in the establishment of democracy; - The orientation towards market economy and the rule of law; - Development of fully free and democratic elections; - The drafting of legislation in accordance with the highest international standards; - The creation of efficient institutions serving properly citizens; - Inappropriate application of laws in practice; - Domination of the will of people instead of the authority of the institutions; - A clear will of the political class to integrate into the European Union. 
On the other hand, the globalization of the society and economy, in the face of countries in transition, has led to 
a number of risks or challenges, where among other issues, it is noteworthy to mention: - The free movement of people, goods, services and capital, causing direct consequences to the economies of 
these countries; - Removal of economic and financial restrictions amongst countries, especially amongst countries of the 
European Union; -The development of information technology in every field of life, on the other side has caused problems a state 
may have to be transferred rapidly to other states in the region and more widely; -Coping with unemployment and poverty reduction, as one of the global challenges of today's society; - The impact of terrorist acts, especially after September 11, 2001, on the economies of all countries; - The reduction of economic inequality among rich northern countries and poor southern ones; - Making the world multicentric, despite the dominance they have, to some extent the U.S., requires measures to 
adapt, economy, politics and the whole society, towards new risks of globalization. 
In this paper, there shall be a brief analysis of some of the main risks of globalization that countries in transition, 
including Albania, cope with. Their analysis shall not be merely panoramic, but, it shall focus on concrete 
problems aroused by any challenge of globalization. A special emphasis will be put on the analysis of the best 
practices, which have helped countries in transition cope with the risks of globalization. 

In this issue there will be analysed the best practices implemented by specific states, which have helped to 
successfully cope with the risks of globalization, followed by certain examples. There shall also be analysed the 
factors or reasons why some countries have successfully coped with the risks of globalization and therefore, 
have moved forward, while other countries, such as Albania, have remained behind. 
This issue shall be analysed in detail, especially for the case of Albania, particularly focusing on specific risks of 
globalization that Albania should face. In this work, you will be given arguments why Albania, remains the last 
state in the region, in the process of European integration. 
At the end of the paper there will be given several conclusions about the issues analysed and also there will be 
reflected the respective bibliography this paper is based on.