Draft Agenda | Friday 7, December
Registration - arrival of guests & participants
Global Power Changes: The Impact for Albania and the Region
Almost a decade after Albania joined NATO, and a few months after EU leaders reaffirmed their unequivocal support for the European perspective of the Western Balkans and the latter aligned themselves with the “Sofia Declaration” at the May 2018 EU-Western Balkans Summit, what is the current geopolitical state within and around Albania and the Western Balkans? And how are these geopolitics affected by the current global power shift from West to East?
Challenges for Sustainable Economic Growth and FDI proposals
According to the latest OECD index on Competitiveness in South Eastern Europe, Albania is among the leading economies for FDI inflow measured as a percentage of GDP. Nevertheless, Albania has no good ranking in terms of FDI as a portion of GDP compared to the EU, the World Bank predicts the FDI inflow decline by 2019, and the country’s economic policies do not yet facilitate environmentally sustainable economic growth. What are the challenges hampering necessary structural reforms and how can they be effectively tackled?
Infrastructure, Connectivity and Energy: Drivers of Long-term Prosperity
Producing the greatest part of its locally consumed energy from hydropower, Albania is well ahead of all the EU member states in terms of the proportion of energy consumed from renewable sources. Nevertheless, unstable energy supply and frequent outages coupled with less developed transport and telecoms networks account for an aggregate index of average infrastructure development that is 70% lower than the EU average. How can Albania boost investment (public and/or private) in infrastructure so as to reap the relevant growth and FDI benefits?
- Infrastracture and connectivity
- Setting targets towards a viable energy model
- Financing prospects
Realizing the Travel & Tourism Potential
According to London-based World Travel & Tourism Council’s (WTTC) Economic Impact 2018 country report, Albania’s tourism and travel sector’s direct contribution to the country’s economy is expected to grow to 9.3% by 2028 (from 8.5% in 2017), forecast to grow by an average of 4.7% per annum over the next decade. How can enhancements in infrastructure, connectivity and FDI unlock Albania’s untapped potential in the sector and make the travel and tourism industry one of the key drivers of economic growth?