History of post-Communist Albania

In 1991, the Socialist Party of Albania, with specific social democratic ideology took control of the country through democratic elections. One year later the Democratic Party of Albania won the new elections. After 1990, Albania has been seeking a closer relationship with the West. What followed were deliberate programs of economic and democratic reform, but Albanian inexperience with capitalism led to the proliferation of pyramid schemes – which were not banned due to the corruption of the government. Chaos in late 1996 to early 1997, as a result of the collapse of these pyramid schemes, alarmed the world and prompted the influx of international peacekeeping forces. In 1995, Albania was accepted into the Council of Europe and requested membership in NATO (obtained in 2009) and is a potential candidate country for accession to the European Union. The workforce of Albania has continued to emigrate to Western countries, especially Greece and Italy.

Albania's postcommunist transformation continues, with more progress in some areas than others. Greek-Albanian relations deteriorate, and Athens blocks European Union loans to Tirana, impeding Albania's much-needed integration into Europe. Gross domestic product grows by 8%, and inflation continues its downward spiral. Unemployment, however, remains the country's Achilles' heel; more than 300,000 workers are unemployed. Some $400 million sent home by Albanian emigrants play a vital role in boosting the domestic economy by increasing the volume of disposable income. For most, economic hardship and widespread poverty are the norm. Albania's foreign debt continues to soar. The political climate is relatively stable, but hostility between ruling and opposition forces continues to surface. The Socialist Party and other political groups accuse President Sali Berisha of becoming increasingly authoritarian. Albania makes considerable progress in foreign affairs, although relations with some of its neighbours continue to be fraught with problems. The impasse in relations between Belgrade and Tirana persists, but ties with Bulgaria, Turkey, the Republic of Macedonia, and Italy further improve. Relations with Greece raise worries about a new Balkan flash point.

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