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Albanian Rebellion of 1997 : ウィキペディア英語版
Albanian Rebellion of 1997

The Albanian Rebellion of 1997, also known as the Albanian Unrest of 1997 ((アルバニア語:Rebelimi i vitit 1997)), the Pyramid Crisis or (improperly) the Albanian Anarchy of 1997,〔(Anarchy in Albania: Collapse of European Collective Security? )〕 was an uprising sparked by Ponzi scheme failures. Albania descended into civil disorder and violence in which the government was toppled and 2,000 people were killed.〔Christopher Jarvis, (The Rise and Fall of Albania's Pyramid Schemes ), ''Finance & Development: A Quarterly Magazine of the IMF'', March 2000.〕〔(Crisis in Albania ). Public Broadcasting Service
By January 1997 the people of Albania, who had lost $1.2 billion (out of a small population of three million), took their protest to the streets. Beginning in February, thousands of citizens launched daily protests demanding reimbursement by the government, which they believed was profiting from the schemes. On 1 March, Prime Minister Aleksandër Meksi resigned and on 2 March, President Sali Berisha declared a state of emergency. On 11 March, the Socialist Party of Albania won a major victory when their leader Bashkim Fino was appointed prime minister. However, the transfer of power did not halt the unrest, and protests spread to northern Albania. Although the government quelled revolts in the north, the ability of the government and military to maintain order began to collapse, especially in the southern half of Albania, which fell under the control of rebels and Socialist forces.
All major population centers were engulfed in demonstrations by 13 March and foreign countries began to evacuate their citizens. These evacuations included Operation Libelle, Operation Silver Wake and Operation Kosmas.〔 The United Nations Security Council, in Resolution 1101, authorized a force of 7,000 on 28 March to direct relief efforts and to restore order to Albania. The UN feared the unrest would spread beyond Albania's borders and send refugees throughout Europe. On 15 April, the 7,000 troops launched Operation Sunrise, an Italian-led mission that helped restore rule of law.〔 After the unrest, over 25,000 guns were transported to Kosovo and the guerrilla forces of the ethnic Albanian, Kosovo Liberation Army received considerable armaments.
== Causes ==

In 1992 the Democratic Party of Albania won the nation's first free elections and Sali Berisha became president. In the mid-1990s Albania was adopting a market economy, after years of socialist planned economy during the People's Socialist Republic of Albania. The rudimentary financial system became dominated by Ponzi schemes and government officials endorsed a series of pyramid investment funds. By January 1997 the schemes (actually fronts for laundering money and arms trafficking) could no longer make payments. The number of investors who had been lured by the promise of getting rich quick grew to include two-thirds of Albanians.〔 It is estimated that close to $1.5 billion was invested in companies offering monthly interest rates ranging from 10%-25%, while the average monthly income was around $80. People sold their homes to invest. Immigrants working in Greece and Italy transferred additional resources to the schemes.〔()〕

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