Former Yugoslav Republic of Macedonia : Selected Issues

1MKDEA2009002 Image
Price:  $18.00

Release Date: © February, 2009
ISBN : 978-1-45195-271-1
Stock #: 1MKDEA2009002
English
Stock Status: On back-order

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Description

This Selected Issues paper for the former Yugoslav Republic of Macedonia is examined. Real GDP growth accelerated to 5 percent in 2007 and 6 percent in the first half of 2008, from its historical average of about 3 percent. Increased investment, partly financed by FDI, is the main driver boosting domestic demand, as seen in the fast-growing import of investment and intermediate goods. Simultaneously, the current account deficit has widened substantially since 2007 and has become a major concern for macroeconomic stability.

Taxonomy

Economic policy , Fiscal policy , Inflation , Monetary policy




More publications in this series: IMF Staff Country Reports