Macedonia - Moving to Faster and More Inclusive Growth A Country Economic Memorandum : Main Report and Annex

World Bank

dc.creator	World Bank
dc.date	2012-03-19T17:23:43Z
dc.date	2012-03-19T17:23:43Z
dc.date	2009-06-09
dc.date.accessioned	2023-02-17T20:46:47Z
dc.date.available	2023-02-17T20:46:47Z
dc.identifier	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333038_20090710033026
dc.identifier	http://hdl.handle.net/10986/3067
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/243407
dc.description	This report deals with medium and long-term growth issues rather than the challenges posed by the world financial crisis, the structural policy options presented in the report become even more important in that context, and can help to partially mitigate the impact of the crisis on Macedonia. Section B looks at poverty and inequality issues. Section C examines Macedonia's past growth in terms of total factor productivity analysis, drawing the connection with labor and capital, and within these broad factors, human capital and infrastructure. It also compares Macedonia's growth to a successful regional comparator, Slovakia. Section D benchmarks Macedonia's performance in important policy areas that could affect growth relative to comparator countries. It also estimates how much improved performance in these areas could raise potential growth. Section E looks at efficiency in public expenditure and public investment important issues in raising growth. Section F summarizes these analyses and makes some initial recommendations.
dc.language	English
dc.publisher	World Bank
dc.relation	2938
dc.rights	CC BY 3.0 IGO
dc.rights	http://creativecommons.org/licenses/by/3.0/igo/
dc.rights	World Bank
dc.subject	ACCESS TO INFORMATION
dc.subject	ACCOUNTING
dc.subject	ADVERSE EFFECTS
dc.subject	AGRICULTURE
dc.subject	ANTI-COMPETITIVE PRACTICES
dc.subject	AVERAGING
dc.subject	BANK BRANCH
dc.subject	BANK CREDIT
dc.subject	BANK LOANS
dc.subject	BANK SUPERVISION
dc.subject	BANKING SYSTEM
dc.subject	BARRIERS TO ENTRY
dc.subject	BENCHMARK
dc.subject	BORROWERS
dc.subject	BUDGET
dc.subject	BUSINESS COMMUNITY
dc.subject	CADASTRE
dc.subject	CAPITAL FLOWS
dc.subject	CAPITAL FORMATION
dc.subject	CENTRAL BANK
dc.subject	COLLATERAL
dc.subject	COLLATERAL PLEDGE
dc.subject	COLLATERAL REGISTRY
dc.subject	COMMODITY PRICES
dc.subject	COMPARATIVE ADVANTAGE
dc.subject	COMPETITIVE MARKET
dc.subject	CONSUMERS
dc.subject	CONTRACT
dc.subject	CONTRACT ENFORCEMENT
dc.subject	CONTRACTS
dc.subject	CORPORATE SAVINGS
dc.subject	CORPORATE TAX RATES
dc.subject	COUNTRY CREDIT
dc.subject	CREDIT FLOW
dc.subject	CREDIT FLOWS
dc.subject	CREDIT GROWTH
dc.subject	CREDIT HISTORIES
dc.subject	CREDIT INFORMATION
dc.subject	CREDIT INFORMATION SYSTEM
dc.subject	CREDIT PROVISION
dc.subject	CREDIT RATING
dc.subject	CREDIT RECORD
dc.subject	CREDITORS
dc.subject	CURRENT ACCOUNT DEFICIT
dc.subject	DEBTORS
dc.subject	DEMAND
dc.subject	DEPOSIT
dc.subject	DEPOSITS
dc.subject	DEVELOPING COUNTRIES
dc.subject	DIRECTED CREDIT
dc.subject	DISPUTE RESOLUTION
dc.subject	DOMESTIC BANKS
dc.subject	DOMESTIC CREDIT
dc.subject	ECONOMIC MANAGEMENT
dc.subject	ECONOMIC PERFORMANCE
dc.subject	ECONOMIC POLICIES
dc.subject	ECONOMIC REFORMS
dc.subject	ENFORCEABILITY
dc.subject	ENFORCEMENT PROCEDURES
dc.subject	EQUITY
dc.subject	EQUITY MARKET
dc.subject	EXCHANGE
dc.subject	EXCHANGE RATE
dc.subject	EXPENDITURES
dc.subject	EXPORT COMPETITIVENESS
dc.subject	EXPORT GROWTH
dc.subject	EXPORT PERFORMANCE
dc.subject	EXPORTERS
dc.subject	EXPORTS
dc.subject	EXTERNAL DEBT
dc.subject	FINANCE
dc.subject	FINANCIAL CRISIS
dc.subject	FINANCIAL SECTOR
dc.subject	FINANCIAL SECTOR DEVELOPMENT
dc.subject	FINANCIAL SECTOR INDICATORS
dc.subject	FINANCIAL SYSTEM
dc.subject	FIXED ASSETS
dc.subject	FIXED CAPITAL
dc.subject	FIXED INVESTMENT
dc.subject	FIXED INVESTMENTS
dc.subject	FOREIGN BANKS
dc.subject	FOREIGN DIRECT INVESTMENT
dc.subject	FOREIGN FINANCING
dc.subject	FOREIGN INVESTMENT
dc.subject	FOREIGN INVESTOR
dc.subject	FOREIGN INVESTORS
dc.subject	FUTURE
dc.subject	GDP
dc.subject	GOOD
dc.subject	GOODS
dc.subject	GOVERNMENT EXPENDITURE
dc.subject	GOVERNMENT EXPENDITURES
dc.subject	GOVERNMENT FINANCES
dc.subject	GOVERNMENT INVESTMENT
dc.subject	GOVERNMENT POLICY
dc.subject	GOVERNMENT SPENDING
dc.subject	GOVERNMENT SUBSIDIES
dc.subject	GROSS FIXED CAPITAL FORMATION
dc.subject	GROWTH RATE
dc.subject	HOUSEHOLD SAVINGS
dc.subject	HUMAN CAPITAL
dc.subject	HUMAN DEVELOPMENT
dc.subject	IMPLICIT TAX
dc.subject	INCENTIVES
dc.subject	INCOME LEVELS
dc.subject	INEFFICIENCY
dc.subject	INFLATION
dc.subject	INFORMATION ON BORROWERS
dc.subject	INFORMATION TECHNOLOGY
dc.subject	INFRASTRUCTURE DEVELOPMENT
dc.subject	INFRASTRUCTURE INVESTMENT
dc.subject	INFRASTRUCTURE INVESTMENTS
dc.subject	INPUTS
dc.subject	INSTRUMENT
dc.subject	INTEREST
dc.subject	INTEREST RATES
dc.subject	INTERNATIONAL FINANCIAL CRISIS
dc.subject	INTERNATIONAL INVESTMENT
dc.subject	INTERNATIONAL MARKETS
dc.subject	INVESTMENT
dc.subject	INVESTMENT CLIMATE
dc.subject	INVESTMENT DECISIONS
dc.subject	INVESTMENT FUNDS
dc.subject	INVESTMENT RATE
dc.subject	INVESTMENT RATES
dc.subject	INVESTOR
dc.subject	INVESTOR CONFIDENCE
dc.subject	INVESTOR UNCERTAINTY
dc.subject	JOB CREATION
dc.subject	LABOR MARKET
dc.subject	LABOR MARKETS
dc.subject	LAND RECORDS
dc.subject	LAND TITLES
dc.subject	LAND TITLING
dc.subject	LEGAL SYSTEM
dc.subject	LENDING
dc.subject	LIABILITIES
dc.subject	LIQUIDITY
dc.subject	LOANABLE FUNDS
dc.subject	LOANS
dc.subject	LOCAL ECONOMY
dc.subject	LONG-TERM PLANNING
dc.subject	MACROECONOMIC RISKS
dc.subject	MACROECONOMIC STABILITY
dc.subject	MARKET ACCESS
dc.subject	MARKET COMPETITION
dc.subject	MARKET DATA
dc.subject	MARKET ECONOMY
dc.subject	MARKET REFORMS
dc.subject	MARKET SHARE
dc.subject	MARKET SHARES
dc.subject	MIDDLE INCOME COUNTRIES
dc.subject	MOBILE PHONE
dc.subject	MOBILE PHONES
dc.subject	MONETARY POLICY
dc.subject	MONOPOLY
dc.subject	MORTGAGE
dc.subject	MUTUAL SAVINGS
dc.subject	NATURAL RESOURCES
dc.subject	NONPAYMENT
dc.subject	NOTARIES
dc.subject	OPTION
dc.subject	OPTIONS
dc.subject	OUTCOMES
dc.subject	OUTSTANDING DEBTS
dc.subject	PAYMENTS
dc.subject	PENSION
dc.subject	PENSION SYSTEM
dc.subject	PER CAPITA INCOMES
dc.subject	PHYSICAL ASSET
dc.subject	PLEDGE
dc.subject	POLITICAL STABILITY
dc.subject	POLITICAL UNCERTAINTY
dc.subject	POSSESSION OF COLLATERAL
dc.subject	POVERTY
dc.subject	POVERTY RATE
dc.subject	PRICE INCREASES
dc.subject	PRICING
dc.subject	PRIVATE CREDIT
dc.subject	PRIVATE INVESTMENT
dc.subject	PRODUCTION
dc.subject	PRODUCTION INCREASES
dc.subject	PRODUCTION INPUTS
dc.subject	PRODUCTIVE INVESTMENT
dc.subject	PRODUCTIVITY
dc.subject	PROPERTY
dc.subject	PROVISION OF CREDIT
dc.subject	PUBLIC DEBT
dc.subject	PUBLIC INVESTMENT
dc.subject	PUBLIC INVESTMENTS
dc.subject	PUBLIC SPENDING
dc.subject	PURCHASING POWER
dc.subject	RATE OF RETURN
dc.subject	REAL GDP
dc.subject	REGULATORY CAPACITY
dc.subject	REGULATORY FORBEARANCE
dc.subject	REMITTANCES
dc.subject	REPAYMENT
dc.subject	RESERVES
dc.subject	RESPONSIBILITIES
dc.subject	RETURN
dc.subject	RETURNS
dc.subject	REVENUE
dc.subject	RISK MANAGEMENT
dc.subject	RISK MANAGEMENT SYSTEMS
dc.subject	RURAL CREDIT
dc.subject	SAFETY NET
dc.subject	SAFETY NETS
dc.subject	SAVINGS BANK
dc.subject	SECURITY
dc.subject	SHARE
dc.subject	SMALL BORROWERS
dc.subject	STATISTICAL ANALYSIS
dc.subject	STOCK
dc.subject	TAKEOVER
dc.subject	TARIFF
dc.subject	TARIFFS
dc.subject	TAX
dc.subject	TAXATION
dc.subject	TAXES
dc.subject	TELECOMMUNICATIONS
dc.subject	TRADE
dc.subject	TRADE DEFICIT
dc.subject	TRADE DIVERSION
dc.subject	TRADE POLICY
dc.subject	TRADE REGIME
dc.subject	TRADING
dc.subject	TRANSACTION
dc.subject	TRANSACTION COSTS
dc.subject	TRANSACTIONS
dc.subject	TRANSITION ECONOMIES
dc.subject	TRANSPARENCY
dc.subject	TREATY
dc.subject	TRENDS
dc.subject	UNEMPLOYMENT
dc.subject	UNEMPLOYMENT RATE
dc.subject	UNFAIR COMPETITION
dc.subject	UTILITY
dc.subject	VALUE
dc.subject	WAGES
dc.title	Macedonia - Moving to Faster and More Inclusive Growth A Country Economic Memorandum : Main Report and Annex
dc.type	Economic & Sector Work :: Country Economic Memorandum
dc.coverage	Europe and Central Asia
dc.coverage	Europe
dc.coverage	Eastern Europe
dc.coverage	Macedonia, former Yugoslav Republic of
dc.coverage	North Macedonia (Formerly the Former Yugoslav Republic of Macedonia)