During 1996-97, Albania was convulsed by the dramatic rise and collapse of several huge financial pyramid schemes. This article discusses the crisis and the steps other countries can take to prevent ...

In this episode we'll see how Albania was scammed by a series of pyramid schemes that led to a civil war. Trump approves deployment of European troops to Ukraine and promises US "backing" Jane ...

Abstract: What lessons can be drawn from the unprecedented growth and spectacular collapse of financial pyramid schemes in Albania? This paper discusses the origins of the pyramid schemes and the way ...