Assessing the impact of inflation and unemployment on economic growth in Albania
Publié en ligne: 14 sept. 2024
Pages: 54 - 63
DOI: https://doi.org/10.2478/bjir-2024-0016
Mots clés
© 2024 Volfrida Toma, published by Sciendo
This work is licensed under the Creative Commons Attribution-NonCommercial 4.0 International License.
This manuscript aims to perform an in-depth analysis of the intricate relationship between inflation, unemployment, and economic growth within the Albanian economy. By employing advanced regression analysis techniques and thoroughly measuring the correlation between these key economic variables, this study endeavors to shed light on the underlying dynamics that characterize the economic landscape of Albania. Focusing particularly on the most recent period, the research seeks to provide a significant contribution to the existing body of knowledge regarding the country’s economic fluctuations and trends. The study meticulously synthesizes the findings from the regression analysis to offer insightful conclusions that elucidate the complex interactions between inflation, unemployment, and economic growth in Albania. The utilization of regression analysis and correlation metrics is expected to yield precise and detailed insights into these economic phenomena, thereby enhancing the understanding of how these variables influence each other. This research holds the potential to offer valuable recommendations for policymakers, economists, and stakeholders involved in shaping the economic policies of Albania. Ultimately, the study aims to contribute to a more nuanced comprehension of the economic dynamics within Albania and the multifaceted relationship between inflation, unemployment, and economic growth.