Socio-Economic and Educational Challenges to Improve Potential Productivity of Youth in Albania

Abstract

This paper presents a comprehensive analysis of the factors contributing to a significant productivity gap among children born in Albania. Some international reports show that a child born in Albania will achieve only about 63% of his potential productivity in his lifetime. The child will lose about 37% of the productivity they could have if they could live a healthy life and benefit from high-quality and relevant education that would equip them with the skills that will be needed in the work environment. Additionally, high unemployment rates, low skills, and socio-economic disparities further add the challenges faced by Albanian youth. This paper calls for a multi-dimensional approach, emphasizing healthcare, education reform, and socio-economic support, to unlock the untapped potential of Albania’s young generation.