Pyramid schemes in Albania

The 1997 rebellion in Albania was triggered significantly by the failure of multiple pyramid schemes. These schemes, which grew to an unprecedented scale relative to the country's economy, led many Albanians to lose their money and property, culminating in widespread protests across Albania that eventually escalated into a nation-wide rebellion.[1][2]

  1. ^ Jeffries, Ian (1996). A Guide to the Economies in Transition. Routledge. p. 379. ISBN 0-415-13684-9.
  2. ^ "Finance & Development, March 2000 - The Rise and Fall of Albania's Pyramid Schemes". Imf.org. 2000-03-01. Retrieved 2016-02-10.

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