The Rise and Fall of the Pyramid Schemes in Albania

The Rise and Fall of the Pyramid Schemes in Albania
What lessons can be drawn from the unprecedented growth and spectacular collapse of financial pyramid schemes in Albania? This paper discusses the origins of the pyramid schemes and the way the authorities handled them. It also analyzes the economic effects of the pyramid schemes, concluding that despite the descent into anarchy triggered by the... READ MORE...

Publication date: July 1999
ISBN 9781451852127
$15.00

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