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The ambition of this paper is to analyse real exchange rate dynamics in Macedonia relying on a highly disaggregated dataset. We complement the indirect evidence reported in Loko and Tuladhar (2005) and we provide direct evidence on the irrelevance of the Balassa-Samuelson effect for overall...
Persistent link: https://www.econbiz.de/10011622724
impacts on GDP, export and employment on the case of Macedonian economy have been estimated, taking into account for their … structural dimension. The main conclusion of the analysis is that the FDI inflows were important factor for GDP growth and export …
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