Основна цел на овој труд е да покаже што претставува нафтата за светското стопанство, нејзиното производство и употреба, влијанието на нафтата и нафтените...

This policy document analyzes the effectiveness and efficiency in allocation and use of funds from the Fifth component of the Instrument for Pre-Accession of the European Union for rural development - IPARD in Macedonia. The findings and recommendations are based on previous observations of the...

Openness to global market is the only way for a small scale national economy to survive and develop. Therefore, Republic of Macedonia immediately after the independence, declared its international trading system as fully liberal and open, articulated by membership in many important international...

European perspective of Macedonian agriculture and rural development became viable on 17th of December 2005, with Macedonia gaining candidate status for European Union (EU) membership. The new outlook allowed the Country access to the Union’s Instrument for Pre-Accession Assistance in Rural...

Agriculture and rural development are one of the key pillars of the European Union. Macedonia as a country candidate for joining EU is entitled to financial premises of the European Instrument for Pre-Accession Rural Development (IPARD). The importance of agriculture and rural development for...

In countries where agriculture has substantial role in generating domestic product, sustainable microfinance can seriously increase economic activities and hence rural development. It is well known that agriculture is perceived as specific and risky to be financed by banks. Therefore, creating a...

The main objective of this study is to emphasize the importance of creating special governmental refinancing institutions targeted towards strategic economic sectors. Such institution in Macedonia is Agricultural Credit Discount Fund, a separate unit within the Macedonian Bank for Development...

Viable agricultural and rural development is almost impossible without additional finances. Agro lending allows additional capital accumulation necessary for agricultural households to increase its productivity, thus income. Unfortunately, financial institutions perceive agriculture as highly...

Accounting over 10% of country’s GDP, agriculture has substantial role in Macedonian economy. As a viable, yet risky economic sector, it is of great significance for this paper to show to the policymakers that creating special financial (sometimes state owned) institutions for lending in...

Agriculture is a fundamental economic activity in Macedonia which constitutes 10% of GDP over the past decade, adding related processing industry increases this share to approximately 15%-16%. During the last period of economic restructuring, agriculture played a critical role in the social and...