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Albanian youth, sabotaged by the education system and the free market

Albanian youth, sabotaged by the education system and the free market

While Albania has an abundance of higher education institutions, both in the public and private sectors, there is still a significant mismatch between the needs of education and the business sector, according to the European Training Foundation (ETF), which highlighted that some sectors have very large unmet needs with specific qualifications.

ETF, an entity operating under the umbrella of the European Commission, recently assessed that educational institutions in Albania not only fail to equip young people with practical and specific skills for the current labor market, but also fail to nurture the interests of students.

ETF further reports that the Albanian education system does not provide adequate entrepreneurship education, but furthermore does not include entrepreneurs to implement curricula in skills and competencies due to an outdated pedagogical approach in higher education.

Furthermore, Albania has limited opportunities for practical learning and a lack of capacity to develop vocational education through the provision of internships.

Due to these shortcomings, Albania currently faces a lack of professional development at all levels and low participation of young people in business.

The ETF points out a negative cultural attitude towards failure that hinders the development of entrepreneurship among young people. Many young entrepreneurs in Albania end up emigrating to Western Europe or the US, thus damaging the development of the entrepreneurial ecosystem in the younger age groups.

Institutional barriers and corruption have created an unpredictable regulatory environment for young entrepreneurs.

Albanian youth also lack access to finance and investment. The private sector plays a limited role with large corporations not adequately investing, collaborating, or supporting young people.

There are no public programs dedicated to youth and financial products are expensive for the age group. There are some programs from Non-Governmental Organizations, but they are insufficient and often aimed at not promoting entrepreneurship among young people./ Monitor

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