Sajnoski, Krste (2010) Потребен е нов модел на развој и стабилизација на економијата на Република Македонија. International conference "The economy and business in post - recessions" Faculty of Economic, Prilep.
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ПОТРЕБЕН Е НОВ МОДЕЛ НА РАЗВОЈ И СТАБИЛИЗАЦИЈА НА ЕКОНОМИЈАТА НА РЕПУБЛИКА МАКЕДОНИЈА.pdf Download (222kB) | Preview |
Abstract
ApstractThe biggest global economic crisis since World War II, despite the global implications, imposed a need the Republic of Macedonia to reconsider the strategy of development in order to escape from the vicious circle of slow growth, or the trap of low level equilibrium. It is a priority for a country with low level of development and high unemployment. The country needs a strategy of export-oriented growth that will deliver a reduction in unemployment, living standard growth and macroeconomic stability.
Republic of Macedonia as a country outside the Euro-Atlantic integration, its development can not rely on imports of foreign capital. It is an important factor, but can not be a major, much less unique, especially in conditions of uncertainty in achieving the commitments of integration. Moreover, such an orientation, was too vulnerable even for countries of the European Union, because of the repercussions of the steep exit of such capita.
Consistent with the realization of commitments to join the Euro-Atlantic integration, Macedonia pay a high price (by low growth rates, high unemployment and growth in foreign indebtedness), implementing agreed policy of macroeconomic stabilization (liberalizing current and capital transactions, maintenance of internal convertibility and the fixed exchange rate). So far the Macedonian economy experienced its own example that achieving macroeconomic stability is not a sufficient condition for the initiation and acceleration of growth. It loses its meaning if it is accomplished at the expense of development. Macroeconomic policy showed that RM had a successful stabilization, realized primarily as stability of the exchange rate and prices, but left out the expectation that it will create a favourable environment for investment and growth.
| Item Type: | Article |
|---|---|
| Subjects: | Social Sciences > Economics and business |
| Divisions: | Faculty of Economics |
| Depositing User: | Krste Sajnoski |
| Date Deposited: | 25 Dec 2012 13:08 |
| Last Modified: | 25 Dec 2012 13:08 |
| URI: | https://eprints.ugd.edu.mk/id/eprint/4407 |
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