South East European University
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The Albanian edition of the book "Economics of Development" was promoted

On Thursday (27th September), at South East European University, the Albanian edition of the book "Economics of Development" was promoted in the company of the authors: Michael P. Todaro, Stephen C. Smith, Luljeta Minxhozi, Arben Malaj and Abdylmenaf Bexheti.

“This book represents an important contribution for students and researchers in the field of economics. However, the book is more dedicated to policy makers in our countries, to help them in making comparisons with theoretical models and case studies described in this text” said Prof. Dr. Luljeta Minxhozi, one of the authors of the book.

The Rector of South East European University, Acad. Prof. Dr. Abdylmenaf Bexheti, in the capacity of one of the authors of the book, said that the importance of this book lies in the engagement of local authors who have included the characteristics of the local economies.

“Our countries generally have a lot in common, and they have not found a successful economic model, and all have low rates of economic development” said Rector Bexheti.

Speaking about economic reality, Rector Bexheti said that in general, the market economy is dysfunctional, as there is a "strong hand" in the market that directs it.

The Former Minister of Finance and Economy, who is also one of the authors of the book, Prof. Dr. Arben Malaj, said that their main challenge is to influence the improvement of the governance of governments through scientific work.

“The book is useful for government staff. It doesn’t have many formulas and it handles topics like employment, economic reforms, presents case studies and analysis, by trying to give answers to the question of who governs better, economists or politicians, who may come from the social sciences,” said Malaj.

The book has an international reputation and is a source of citations and references in the field of economics.

Completed with local authors, the ‘Economics of Development’ has become an indispensable part of the literature of researchers from the region and beyond.