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Insight on Rise and Fall of Pyramid Schemes in Albania, 1997

Journal: International Journal of Humanities and Social Sciences (IJHSS) (Vol.9, No. 2)

Publication Date:

Authors : ;

Page : 101-118

Keywords : Pyramid Schemes; Crisis; Economic and Political Development; International Actors;

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Abstract

By the beginning of 1997, just as the world celebrated one year of peace in Bosnia, another Balkan state, Albania, plunged into crisis. Shortly after it broke up, government authority collapsed, and the state fell into anarchy as marauding gangs took control of several cities. International forces were eventually called in to help provide humanitarian assistance, control lawlessness, and prepare for new elections.

Last modified: 2021-06-05 18:26:58