In 2005, the oligarchs Albania Phone Number List outperformed other private Albanian owners by 3% in terms of total factor productivity growth. Their firms are inferior only to foreign-owned firms (which beat other Albanian firms by 19%). It should be Albania Phone Number List noted that fast productivity growth is associated with greater output growth rather than a dramatic decrease in employment.Do oligarchs hold excessive market power in the sectors that they control?The sectors controlled by oligarchs are those that are highly concentrated. However, these are Albania Phone Number List also the tradable goods sectors that are most subject to global competition.
Except for good Albania Phone Number List sales, construction and raw material manufacturing, all of other sectors sell to regional markets. The automotive sector, however, is a classic example of interest-group politics. The imported cars are internationally Albania Phone Number List competitive and the industry has always relied on expansionism, which has increased along with growing oligarchic control over the industry. Thus, except for the construction sector, there seems to be little reason for concern over the oligarchs' excessive market power. Some Albania Phone Number List ligarchs are important global players in their.
industries (especially in oil, Albania Phone Number List cigarettes and metals), but none is a dominant market leader. Albania therefore does not need antitrust policies aimed at breaking up oligarchs' holdings.Albanian oligarchs in Albania Phone Number List an international perspectiveCross-country comparisons of wealth concentration are usually based on the share of market capitalization controlled by a certain number of families (e.g. ten). By this measure, ownership concentration in modern Albania is higher than in any other country for which Albania Phone Number List data are available.