For a small open economy with fixed exchange rate regime, the twin deficit hypothesis is always an interesting and … account movement in the case of the Macedonian economy, hoping to shed light on the influence of the fiscal policy on the … external position of the economy, as well as to provide useful guidance for policy makers about the sensitivity of the current …

inflation, while the central bank reacts strongly to adverse shocks hitting the economy. Baseline results are fairly robust to …

This paper elaborates the economic impacts of the foreign direct investments (FDI) on the case of Macedonian economy … impacts on GDP, export and employment on the case of Macedonian economy have been estimated, taking into account for their … performances of the Macedonian economy. On the other hand, the FDI impact over employment is negative mainly due to the low level …