This Systematic Country Diagnostic (SCD) identifies three mutually reinforcing pathways for FYR Macedonia to sustainably accelerate growth, reduce poverty, and consolidate the middle class. An examination of the country's progress in the 27 years of its independence reveals three strategic...

Reducing the high rates of unemployment from which the Macedonian economy suffers is a leading priority of the Government. The large share of working age population who are inactive or occupying themselves with low productivity, occasional work represents output foregone and income lost....

This paper highlights the Republic of North Macedonia's Request for Purchase Under the Rapid Financing Instrument (RFI). North Macedonia's economic outlook has deteriorated substantially due to the coronavirus disease 2019 (COVID-19) pandemic. Real GDP is expected to decline by 4 percent in 2020...

This 2016 Article IV Consultation highlights that the economy of the Former Yugoslav Republic of Macedonia has been growing at a solid pace on the back of strong domestic demand and exports. The real GDP is now 16 percent above its precrisis level. In 2015, GDP growth increased to 3.8 percent...

This Selected Issues paper quantifies the short- and medium-term growth effects of major ongoing highway and railway projects in the Former Yugoslav Republic of Macedonia. A standard neoclassical growth model is augmented with public capital to capture both demand and supply-side effects of...