Abstract
Economic insecurity has become a defining feature of political life in many
transitional democracies, yet its relationship with institutional trust remains
insufficiently explained. Existing scholarships often assume a direct link between
economic performance and political legitimacy, treating trust as a rational response to
material outcomes. This article challenges that assumption by arguing that economic
conditions acquire political meaning primarily through narrative mediation,
particularly in contexts marked by weak institutions and prolonged transition.
Drawing on a concept-driven qualitative approach and secondary data sources,
the study examines how populist economic narratives shape public perceptions of
insecurity and institutional trust in Albania. By integrating theoretical perspectives
on populism, political communication, and institutional legitimacy with survey
evidence and policy documents, the article demonstrates that populist actors do not
merely respond to economic hardship but actively construct it through interpretive
1 Klajdi Logu is a lecturer and researcher at the European University of Tirana. His work focuses on
political sociology, populism, and democratic governance, with particular attention to institutional
trust and transitional contexts. He has published on populist rhetoric and democratic erosion in
international peer-reviewed journals.
24 ECONOMICUS No. 25, ISSUE 1/ 2026
frames of blame, protection, and sacrifice. These narratives reorganize expectations
toward institutions, allowing political authority to be sustained despite persistent
economic uncertainty. Rather than viewing trust as a simple outcome of governance
performance, the analysis conceptualizes institutional trust as a relational and
discursively mediated phenomenon. The findings show that economic insecurity
functions less as a destabilizing force than as a resource for narrative alignment,
enabling leaders to redirect legitimacy toward personalized authority while
representative institutions remain weakly trusted. The article contributes to debates
on populism and democratic resilience in three ways: by conceptualizing economic
insecurity as a politically constructed experience, by reframing institutional trust
as dependent on narrative coherence rather than outcomes alone, and by situating
these dynamics within the structural conditions of transitional democracies. Albania
is treated not as an exceptional case, but as illustrative of broader patterns shaping
contemporary democratic governance.
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