Recently however, Albania has seen a public debt increase to 63.8% from 62.6% which the prime minister sees as healthy (Koleka, 2013). Taking these statistics into count, the increasing HDI (Human Development Index) of .749 (Country Economy, 2012). shows that Albania is considered a developing country however very close to becoming developed. Their proximity to becoming developed is due to their rising GDP (Gross Domestic Product) and HDI, introduction of new energy sources such as the thermal energy plant in Vlore, the reduction of crime rates, literacy rate of 96% in adults and 99% in teens (Unicef, 2011), life expectancy of 77 years (Unicef, 2011) and the foundation of a strong political system.
Political System.
In 1992 Albania's communist rule ended with the Democratic Party winning an election after various strikes and demonstrations which resulted in many deaths (Biberaj, 2013). Since then, the democratic system has been functioning however elections in the past were said to have won through election fraud; corruption is still present in Albania. "Edi Rama, the Socialist Party leader who took over the reins of government in 2013, has vowed that Albania will achieve full EU membership within the next ten years" "(BBC News, 2013). .
The government has been working hard to clean Albania of crime and corruption for this purpose. With democracy in place, Albania has seen positive growth in all aspects, including an open-market economy. With more trade to neighbouring countries, opening businesses, and a market what is not controlled by the government, competition and revenue has increased and has cut down poverty in half and increased employment rates. Although very beneficial for the country, the current political system is still corrupt and various laws are in favour of the government such as property laws that are unclear and allow the government to seize control of property.
Economic System.
