Arbitration law and practice in Albania: Features, challenges and perspectives
Arbitration, as an alternative dispute resolution mechanism, has gained significant traction worldwide. This is primarily due to its consensual nature, the involvement of non-governmental adjudicators, as well as its efficiency, flexibility and confidentiality. In Albania, international arbitration...
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| Format: | Article |
| Language: | English |
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Institute of Comparative Law, Belgrade
2024-01-01
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| Series: | Strani pravni život |
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| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/0039-2138/2024/0039-21382404525G.pdf |
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| author | Gjuzi Jola |
| author_facet | Gjuzi Jola |
| author_sort | Gjuzi Jola |
| collection | DOAJ |
| description | Arbitration, as an alternative dispute resolution mechanism, has gained significant traction worldwide. This is primarily due to its consensual nature, the involvement of non-governmental adjudicators, as well as its efficiency, flexibility and confidentiality. In Albania, international arbitration remains a promising avenue for resolving commercial and investor-state disputes, especially considering the country's efforts towards a consolidated market and deeper integration into the regional and global economy. However, the arbitration landscape, particularly the domestic one, is not without challenges as Albania pursues to attain an effective rule of law. This paper provides an overview of the rules of arbitration under the Albanian domestic law, as well as the applicable international law. It then explores the current state of arbitration practice in Albania, the various perceptions among the pertinent political, business and legal communities, the challenges this practice encounters, and perspectives for its progress. |
| format | Article |
| id | doaj-art-bb2a370186cb47b1b52e438e4db3fbd9 |
| institution | Kabale University |
| issn | 0039-2138 2620-1127 |
| language | English |
| publishDate | 2024-01-01 |
| publisher | Institute of Comparative Law, Belgrade |
| record_format | Article |
| series | Strani pravni život |
| spelling | doaj-art-bb2a370186cb47b1b52e438e4db3fbd92025-08-20T03:44:29ZengInstitute of Comparative Law, BelgradeStrani pravni život0039-21382620-11272024-01-0168452555510.56461/SPZ_24404KJ0039-21382404525GArbitration law and practice in Albania: Features, challenges and perspectivesGjuzi Jola0https://orcid.org/0009-0005-6221-5378University of New York Tirana (UNYT),Tirana, AlbaniaArbitration, as an alternative dispute resolution mechanism, has gained significant traction worldwide. This is primarily due to its consensual nature, the involvement of non-governmental adjudicators, as well as its efficiency, flexibility and confidentiality. In Albania, international arbitration remains a promising avenue for resolving commercial and investor-state disputes, especially considering the country's efforts towards a consolidated market and deeper integration into the regional and global economy. However, the arbitration landscape, particularly the domestic one, is not without challenges as Albania pursues to attain an effective rule of law. This paper provides an overview of the rules of arbitration under the Albanian domestic law, as well as the applicable international law. It then explores the current state of arbitration practice in Albania, the various perceptions among the pertinent political, business and legal communities, the challenges this practice encounters, and perspectives for its progress.https://scindeks-clanci.ceon.rs/data/pdf/0039-2138/2024/0039-21382404525G.pdfalbaniaalternative dispute resolutionarbitrationjudicial interventionenforcement of foreign arbitral awardsforeign direct investmentinternational investment law. |
| spellingShingle | Gjuzi Jola Arbitration law and practice in Albania: Features, challenges and perspectives Strani pravni život albania alternative dispute resolution arbitration judicial intervention enforcement of foreign arbitral awards foreign direct investment international investment law. |
| title | Arbitration law and practice in Albania: Features, challenges and perspectives |
| title_full | Arbitration law and practice in Albania: Features, challenges and perspectives |
| title_fullStr | Arbitration law and practice in Albania: Features, challenges and perspectives |
| title_full_unstemmed | Arbitration law and practice in Albania: Features, challenges and perspectives |
| title_short | Arbitration law and practice in Albania: Features, challenges and perspectives |
| title_sort | arbitration law and practice in albania features challenges and perspectives |
| topic | albania alternative dispute resolution arbitration judicial intervention enforcement of foreign arbitral awards foreign direct investment international investment law. |
| url | https://scindeks-clanci.ceon.rs/data/pdf/0039-2138/2024/0039-21382404525G.pdf |
| work_keys_str_mv | AT gjuzijola arbitrationlawandpracticeinalbaniafeatureschallengesandperspectives |