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Copyright of Congreso Internacional de Investigacion Academia Journals is the property of PDHTech, LLC and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Congreso Internacional de Investigacion Academia Journals is the property of PDHTech, LLC and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The Albanian financial system is a bank-based financial system dominated by the bank system. The weight of the bank system in financial system has a decline trend as a result of an especially increase of the weight for the insurance companies and pension plans. The financial system may impact the business empower mainly by lending and transactions facilitation, as well as the households finances. So, these consequences will have a great role in the GDP growth. Our study consists in measuring the financial development in Albania by the correlations between three variables M2/GDP, GDP per capita and Domestic Savings/GDP. To finalize this purpose we had to pass on some of the following econometric tests: ADF Test of Unit Root, Johansen Test for Co-integration and Unrestricted Vector Autoregression (VAR). There is only one pair M2/GDP and Domestic Savings/GDP) with longterm link. By testing the endogenous model with VAR the change in GDP per capita is positively linked with: the difference of the values for GDP per capita with earlier year, difference of the values for M2/GDP of one and three years earlier. Meanwhile it is negatively correlated with the difference of Savings/GDP of one and three years earlier. [ABSTRACT FROM AUTHOR]