Former Yugoslav Republic of Macedonia: Selected Issues
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. 2009/061
Subject:
Commodities Electricity Expenditure Foreign exchange Potential output Production Public investment and public-private partnerships (PPP) Public investment spending Real exchange rates
English
Publication Date:
February 18, 2009
ISBN/ISSN:
9781451952711/1934-7685
Stock No:
1MKDEA2009002
Pages:
39
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