Sorina Koti – Faculty of Economy, University of Korca, Bulevardi Rilindasit, 11, 7001, Korce, Albania
Keywords:
Financing parties;
Buying power;
Corruption;
Organized crime;
Transparency
Abstract: The paper aims to analyze and determine the factors that affect the political parties’ activities and their role in the socioeconomic life of the country. Money in politics has become more and more an element of growing influence to a determining power, so the control and transparency of this component are vital to maintaining the country’s prosperity and development. The paper analyses the case of Albania, an ex-communist country, and the problems that have arisen from the use of “dirty money” for financing politics and their political campaigns. Albania needs urgently a new law on political and financing political parties, to fight corruption, and abuse of public funds and to prevent from empowerment of organized crime. Reform of political parties is needed, in order to end the power deriving from money and to consolidate the power deriving from faith and voter confidence.
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LIMEN Conference
9th International Scientific-Business Conference – LIMEN 2023 – Leadership, Innovation, Management and Economics: Integrated Politics of Research – CONFERENCE PROCEEDINGS, Hybrid (Graz University of Technology, Graz, Austria), December 7, 2023
LIMEN Conference Proceedings published by the Association of Economists and Managers of the Balkans, Belgrade, Serbia
LIMEN Conference 2023 Conference Proceedings: ISBN 978-86-80194-78-3, ISSN 2683-6149, DOI: https://doi.org/10.31410/LIMEN.2023
Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission.
Suggested citation
Koti, S. (2023). The Effect of Financing Political Parties in the Economy: Case of Albania. In V. Bevanda (Ed.), International Scientific-Business Conference – LIMEN 2023: Vol 9. Conference Proceedings (pp. 399-406). Association of Economists and Managers of the Balkans. https://doi.org/10.31410/LIMEN.2023.399
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