Showing 1 - 8 of 8
Conservative policies, together with external official assistance, provided Macedonia with buffers to confront … Article IV Consultations have been implemented; others remain outstanding. Macedonia is well positioned to return to growth …
Persistent link: https://www.econbiz.de/10014395140
The Macedonian labor market exhibits a high unemployment rate, yet does not demonstrate obvious and large enough constraints on the demand or supply side. Considerable achievements can be made by maintaining macroeconomic stability, attracting FDI, and closing the educational gaps. The second...
Persistent link: https://www.econbiz.de/10014395141
Macedonia. A scale-up of private and public investments, along with decommission of old and polluting coal-based power plants … Adjustment Mechanism (EU-CBAM) from 2026 will affect North Macedonia, and the authorities should consider a gradual introduction … CBAM will influence North Macedonia's exports to the EU negatively, as well as revenue collected, as part of the EU CBAM …
Persistent link: https://www.econbiz.de/10015058725
This paper discusses Republic of North Macedonia's 2023 Article IV Consultation and First Review under the … budget that targets significant fiscal consolidation while preserving space for priority spending. North Macedonia faces … convergence with the EU. North Macedonia is also exposed to climate change and will be impacted by the EU-Carbon Broder Adjustment …
Persistent link: https://www.econbiz.de/10015058726
KEY ISSUES Context. Growth continues to strengthen, although the recovery is not yet broad-based. External and fiscal vulnerabilities have risen: private non-debt creating capital flows have slowed, and could leave the reserve path increasingly driven by an accumulation of external public debt;...
Persistent link: https://www.econbiz.de/10014411155
Growth accelerated to 3.1 percent in 2013, driven by a positive net exports contribution. The broad policy direction is supportive of near term macroeconomic stability. The key challenge is to transition from stability into an acceleration of medium term growth. Uncertainty with respect to EU...
Persistent link: https://www.econbiz.de/10014411456
This Selected Issues paper on Former Yugoslav Republic (FYR) of Macedonia investigates the macroeconomic impact of … remittances in Macedonia, highlighting their countercyclicality and importance in sustaining the purchasing power of domestic …
Persistent link: https://www.econbiz.de/10014411467
North Macedonia's economy has been hit by two large external shocks. While recovering from the pandemic, the outlook …
Persistent link: https://www.econbiz.de/10015059948