Conference Paper

This study examines poverty issues in Albania, caused by global economic crisis, according to Growth estimates: WEO January 2009 forecast and poverty: 2008 WDI estimates. Albania as a country in decelerating growth is counted among the exposed countries to poverty risks. These study discus three directions: First, Albania is considered as a Low Income Country (LIC) and remittances constitute an important source of external financing, providing income to the poor and contributing to growth. Second, massive unemployment and acute poverty can leave individuals and the society in Albania destitute. Third, the need for adaption of social protection structure must be seen as a priority of government to help the most effected group of people.