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Contract Law
Albania places fifth among the six countries studied in its overall scores for Contract Law, inspite of its tie for first in legal framework. Again, the foreign assistance in making laws has proven fruitful, putting Albania (84%) at the same level as Macedonia and Poland, well ahead of Romania, Ukraine, and Kazakhstan. Scores drop precipitously, however, upon examining the implementing institutions (51%), supporting institutions (35%) and market (50%).
As discussed below, the law is not supported by a sufficient court system nor a civil society enriched by appropriate supporting institutions. The current scores, however, are not as bleak as the picture indicates. There is substantial donor support for the courts, with complementary commitment from the government to improve performance, even as business and professional associations begin to develop. Indeed, the scores reflect a baseline, which future assessments will hopefully improve upon substantially.
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