Economic trends in FYROM during and after the economic crisis

Davcev, Ljupco (2010) Economic trends in FYROM during and after the economic crisis. ICBE 2010 Proceedings. pp. 166-173.

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The situation in FYROM’s economy after the most difficult period during the economic crisis in 2009 is not giving any positive signal for smooth recovery. Instead, some numbers are predicting more complex period with higher budget deficit, lower consumption, bigger unemployment rate and significantly higher trade deficit. The beginning of 2010 is showing that company’s profitability will be significantly low. It is obvious that the government anti-crisis actions do not gave the necessary results and there is an immediate need for completely new steps. There are some steps that immediately should be taken for better business climate in FYROM. They should be oriented toward improvement of the company’s liquidity in FYROM and promoting investment activities with the same conditions for the domestic and international entities.

Item Type: Article
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Economics
Depositing User: Ljupco Davcev
Date Deposited: 11 Aug 2014 14:22
Last Modified: 11 Aug 2014 14:22

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