De-Euroisation in Macedonia: Is Euroisation Irreversible?

Bishev, Gligor and Boskov, Tatjana (2016) De-Euroisation in Macedonia: Is Euroisation Irreversible? In: International Balkan and Near Eastern Social Sciences Conference Series IBANESS Conference Series-Prilep / Republic of Macedonia, October 28-29-30, 2016, University of “St. Kliment Ohridski” Bitola, Republic of Macedonia, Faculty of Economics - Prilep.

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Abstract

Macedonia is high euroized country. Considering the exchange rate experience of Macedonia, it’s likely to remain significantly euroized country for an extended period. IMF considers that the appropriate strategy is the one which provides support for the gradual de-euroization for maintaining macro-prudential policy, development of the domestic market and maintain prudent policies that mitigate the risks of foreign currency. These factors should create an effect of de-euroization and provide buffers in the financial sector. Through the analysis of IMF could be seen that the de-euroization will provide security and other reasons which are more constrained by the fixed exchange rate. In this paper we analyze the main reasons for the process of euroisation in Macedonia and will be presented any aspect of the potential benefits of de-euroization.

Item Type: Conference or Workshop Item (Paper)
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Tourism and Business Logistics
Depositing User: Tatjana Boskov
Date Deposited: 26 Jan 2017 10:21
Last Modified: 26 Jan 2017 10:21
URI: http://eprints.ugd.edu.mk/id/eprint/17014

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