Former Yugoslav Republic of Macedonia : Selected Issues

Author/Editor:

International Monetary Fund

Publication Date:

February 18, 2009

Electronic Access:

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Summary:

This Selected Issues paper for the former Yugoslav Republic of Macedonia is examined. Real GDP growth accelerated to 5 percent in 2007 and 6 percent in the first half of 2008, from its historical average of about 3 percent. Increased investment, partly financed by FDI, is the main driver boosting domestic demand, as seen in the fast-growing import of investment and intermediate goods. Simultaneously, the current account deficit has widened substantially since 2007 and has become a major concern for macroeconomic stability.

Series:

Country Report No. 09/61

Subject:

English

Publication Date:

February 18, 2009

ISBN/ISSN:

9781451952711/1934-7685

Stock No:

1MKDEA2009002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

39

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