Former Yugoslav Republic of Macedonia: Selected Issues
October 5, 2006
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The paper analyzes the export performance and external competitiveness in FYR Macedonia. It describes the trends in the account balance, external vulnerabilities, and different approaches to estimate the equilibrium real exchange rate; and reviews economic growth experience and prospects and reveals areas of weakness. It also discusses many different factors responsible for Macedonia's high unemployment rate and examines the main factors behind the low level of intermediation.
Subject: Banking, Employment, Foreign exchange, Labor, Production, Real exchange rates, Total factor productivity, Unemployment, Unemployment rate
Keywords: Baltics, CR, Eastern Europe, Employment, Europe, exchange rate, export share, FYR, FYR Macedonia, Global, growth performance, ISCR, lending rate, Macedonia, Real exchange rates, sector reform, Total factor productivity, Unemployment, Unemployment rate
Pages:
70
Volume:
2006
DOI:
Issue:
345
Series:
Country Report No. 2006/345
Stock No:
1MKDEA2006004
ISBN:
9781451826128
ISSN:
1934-7685
