The objective of this paper is to empirically examine the determinants of bilateral trade of Macedonia, with particular emphasis on the trade with the EU and CEFTA-2006 countries. The standard Gravity model is used to measure the determinants of the bilateral trade in a panel framework. Results...

Agricultural policy makers need detailed information on the effectiveness of past policies, in order to increase the efficiency of government interventions to foster agricultural development and poverty reduction. The indicators of policy distortions reported in this study aim to contribute to a...

Despite current political headwinds, there is need for a timely expert assessment of the comprehensive economic integration between the European Union (EU) and the emerging Eurasian Economic Union (EEU). This report constitutes a preliminary methodological study. It starts off by offering a...

The design of an adequate pension system is a very complex because it must contemplate multiple objectives. Must be inclusive, reduce poverty in old age, providing appropriate incentives in the labor market, increasing the aggregate savings of the economy, the ability to smooth consumption...