International Market for Monopolistic Behaviour- myassignmenthelp

Question: Discuss about theInternational Market Entry for Monopolistic Behaviour. Answer: The country selected is Albania and this essay reflects on the socio-political condition of the country that poses a threat to a company wanting to invest in this country. This essay analyzes the areas of conflict within the country and political state that proves to be a hindrance for carrying out trading. Their economic model revolved around national self-reliance and an economic autarchy policy was adopted. This resulted in a misorientation of economic structure of Albanian economy. Extreme diversification related to production and poor performance of technology was the significant setbacks of the economic condition of Algeria (Durham, 2017). Productivity, price and cost was not measured and compared that caused damage to the socio-economic system. There were mismanagement problems on account of centralization of production. Internal industrial market was driven by the monopolistic behaviour of a very large scale and this acted as an obstacle for the investors. Structural weakness exists within the country that slows down the economic performance and structural problems exist in the energy sector. It is necessary to strengthen the budgetary framework and adopt fiscal laws that will enable the investors use this place as a big potential for investment. Sustainable economic growth can help in bringing about a economic model that can make it a potential site for the investors. A lot of amendments concerning public-private ownership can support the small enterprises and attract foreign investment (Keil, 2015). The new relationship between public-private contracting can enable the standardization and can bring in more money for the economy of Albania. References: Durham, M. E. (2017).High Albania. Lulu. com. Keil, S. (2015). The political conditions of economic development in the Western Balkans.S dosteuropa Mitteilungen,55(2), 82-94.