The Coordination of Fiscal and Monetary Policy in Context of Economic Stability - The Case of Macedonia

Gaber-Naumoska, Vasilka and Gaber, Stevan and Gruevski, Ilija and Naumoski, Aleksandar (2015) The Coordination of Fiscal and Monetary Policy in Context of Economic Stability - The Case of Macedonia. International Journal of Sciences: Basic and Applied Research, 24 (7). pp. 210-218. ISSN 2307-4531

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Abstract

The paper goal is to point out the relevance of efficient coordination of fiscal and monetary policy in order to achieve economic stability and prosperity. It will analyze several critical economic situations like low industrial production, escalation of hyperinflation tension, high unemployment, an unfavorable balance of payments situation, and low foreign exchange reserves during the 90s in R. Macedonia. In this period the country tried through joint fiscal and monetary policy to battle off all the economic challenges that had risen from the dissolution of the Former country Yugoslavia.Especially the focus will be aimed on the stability programs through which the country successfully survived those critical times.

Item Type: Article
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Economics
Depositing User: Stevan Gaber
Date Deposited: 22 Dec 2015 11:59
Last Modified: 22 Dec 2015 11:59
URI: http://eprints.ugd.edu.mk/id/eprint/14658

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