Aida Llozana


Aida LlozanaAida Llozana earned her law degree from Aleksandër Xhuvani University and completed her doctoral studies in European Law at the University of Tirana in 2015. A seasoned attorney and law lecturer, she has taught at the University of Elbasan for over 15 years and at universities in Durrës and Tirana. Her research primarily focuses on European, Administrative, and International Labor Law. Aida has authored a monograph and numerous articles in high-impact international journals, emphasizing her deep expertise in European Union Law. She has been an active participant in international academic conferences across Europe and has significantly contributed to the academic community through her roles on various editorial boards and as a reviewer for scientific bulletins. In addition to her scholarly work, Aida has played a pivotal role in several EU-funded projects, including teaching roles in the Jean Monnet project and training engagements under the ENTRAL and HEI4FUTURE Projects at institutions like Turku University in Finland and the University of Vigo in Spain. Her involvement in these projects underscores her expertise in applying legal theory to practical European and international contexts. Aida also served on the Elbasan Municipal Council, where she was a member of the legal committee, further integrating her academic insights with public service.

Papers Published in World Economics:

Institutional Capital in EU Candidate Countries

In economic theory, a growing understanding of the crucial connection between institutional capital and economic development. Modern economists stress that institutional capital is key to shaping an economic progress, influencing the policies of organisations like the World Bank and IMF, as North (1994) points out. This is especially important for developing countries. Efficient institutional capital plays a crucial role in the aspirations of candidate countries waiting European Union (EU) membership. These countries must cultivate strong institutions as the foundation of their path toward EU integration, given the strict criteria and expectations set forth by the EU. To conduct a comprehensive and complex analysis of a country’s institutional capital, there are used two separate indexes: the Rule of Law Index and the Economic Freedom Index. These indexes provide clear but complementary insights into various aspects of a nation’s institutional efficiency.

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