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 de...

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Bibliographic Details
Main Author: Jarvis, Christopher
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1999.
Series:IMF Working Papers; Working Paper ; No. 1999/098
Online Access:Full text available on IMF

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