There are many types of econometric models used in predicting the inflation rate, but in this study we used a the paper explores the possibilities of technology development in terms of globalization. In the beginning the characteristics of globalization are analyzed. These questions are looking...

Macedonia is experiencing constrains in relation to science, technology and innovation policies which are similar to those of other South Eastern European countries since gaining independence. The country needs a holistic approach to research and development (R&D) issues and human capital...

The main goal of the paper is to answer the question if the lack of innovation capacity and low productivity is binding constraint to economic growth of Macedonian economy. To fulfill this goal we use two empirical techniques. Growth accounting production approach is a useful technique which...