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The Albanian economy clearly needs more access to development capital if it is to progress and expand. Though international private and public lenders can be of some assistance, much of this capital must come from private domestic sources. However, those supplying it would need some assurance that their loans or grants of credit would be repaid. The state of the law is one of the most important factors in risk assessment and management. This book describes the Albanian collateral law system. It describes how recent changes in Albanian law are designed to facilitate and encourage secured financing in Albania.
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