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| Part of the |
| 1997 Albanian civil unrest |
|---|
| Fighting groups |
| Gangs of 1997 |
| Massacres in 1997 |
| Tragedies of 1997 |
| Treasury thefts |
| Rescue missions |
| UN Resolutions |
| Important events |
| See also |
The 1997 rebellion in Albania was in large part triggered by the failure of multiple pyramid schemes. These schemes, which grew to an unprecedented scale relative to the country's economy, led to many Albanians losing their money and property, culminating in widespread protests across Albania that eventually escalated into a nation-wide rebellion.[1][2] At their peak, it was estimated that one in six Albanians had invested in such schemes. [3]
- ^ Jeffries, Ian (1996). A Guide to the Economies in Transition. Routledge. p. 379. ISBN 0-415-13684-9.
- ^ "Finance & Development, March 2000 - The Rise and Fall of Albania's Pyramid Schemes". Imf.org. 2000-03-01. Retrieved 2016-02-10.
- ^ Percival-Straunik, Lindsay (16 January 1997). "Albania: Pyramid Schemes Common Across Eastern Europe". Radio Free Europe/Radio Liberty. Prague. Retrieved 17 October 2024.
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