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September 10, 2025WSEAS TRANSACTIONS ON SYSTEMSOpen Access

The Correlation between Governmental Spending and Sustainable Economic Growth in Albania

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Authors

EKEvis KumiLuarasi UniversityZDZhaklina DhamoLuarasi UniversityEKEma KumiLuarasi University

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Implication

Analysis shows public spending impacts sustainable development in Albania, highlighting necessary investments.

Key Points

  • A significant association exists between public spending and sustainable development in Albania, enhancing economic resilience.
  • Public expenditure has become crucial for fostering growth, attracting investments, and providing job opportunities.
  • An Ordinary Least Squares multiple regression model was utilized for data analysis from 1997 to 2023.
  • These findings support the need for key public investments to achieve SDGs and promote EU membership.

Cite This Study

Kumi et al. (2025) studied this question.

synapsesocial.com/papers/68c1afc054b1d3bfb60e75d2https://doi.org/10.37394/23202.2025.24.52
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Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1Government and Economic Growth in the Less Developed Countries: An Empirical Study for 1960-19801986 · 473 citations
  2. 2The Effect of Government Expenditures on Economic Growth. the Case of Albania2014 · 11 citations
  3. 3Public expenditure and economic performance: A comparison of developed and low‐income developing economies1993 · 34 citations
  4. 4Government Expenditure and Economic Growth1989 · 37 citations
  5. 5Can Government Purchases Stimulate the Economy?2011 · 794 citations