Republic of North Macedonia : Action Plan for Recovery of Growth and Jobs
North Macedonia has made considerable progress in recent decades, moving from lower-middle to upper-middle income status, and from a planned to a functional market economy. Despite these reforms, the domestic economy still lacks the needed dynamism to move into higher-income status, as evidenced by a declining and low productivity challenge. Compounding this challenge, the economy also faces a low employment and skills challenge. To address its productivity challenge North Macedonia will need to continue to attract FDI and engage in an ambitious strategic regulatory and firm-level reform agenda. North Macedonia will need, as well, to continue supporting the development of a skilled and well-trained labor force that can match the upcoming demands of the private sector
Year of publication: |
2020
|
---|---|
Institutions: | World Bank Group |
Publisher: |
2020: Washington, D.C : The World Bank |
Subject: | Nordmazedonien | North Macedonia | Wirtschaftswachstum | Economic growth | Wirtschaftspolitik | Economic policy | Arbeitsmarktpolitik | Labour market policy |
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