Evaluation of the Main Macroeconomic Indicators and Their Role in the Economic Growth of Albania
Author(s) -
Eriona Deda,
Bexhet Brajshori,
Drita Krasniqi
Publication year - 2016
Publication title -
academic journal of interdisciplinary studies
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.148
H-Index - 5
eISSN - 2281-4612
pISSN - 2281-3993
DOI - 10.5901/ajis.2016.v5n3s1p482
Subject(s) - gross domestic product , inflation (cosmology) , economics , economic welfare , welfare , sustainable growth rate , macroeconomics , economic indicator , real gross domestic product , economic stability , product (mathematics) , government (linguistics) , sustainable development , monetary economics , market economy , mathematics , finance , theoretical physics , physics , linguistics , law , geometry , philosophy , political science
This project it is focused in the link between some macroeconomic indicators as an important factor of sustainable growth and the development economy. Specifically in this study is given a presentation of inflation on years in our country, giving the factors that have influenced in it. Also we have received some data from government statistics: Dependence of the nominal stated interest rate on loans from , which used to measurement of (GDP) Gross Domestic Product. Potential product measured using the linear regression method. The results of the methods were compared using time series analysis, for measurement of economy cycles and their intensity. Economic stability is a necessary condition for sustained economic growth of a country and for improving its welfare in the long term. It is also evidenced by the experience of different countries. As the experience as well as theory have shown that the establishment and maintenance of equilibrium within and between sectors of the economy is a necessary condition of economic growth. DOI: 10.5901/ajis.2016.v5n3s1p482
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