Macroeconomic Movements in Macedonia: The Existence of Functional Trade Economy
Authors: Nuhi Sela & Hamit Aliu
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The recent macroeconomic movements in the economy of Macedonia, in a monetary aspect, are relatively affordable. The maintenance of macroeconomic stability and the establishment of economic growth of sustainable basis, as well as the retention of coordinated fiscal and monetary politics, remains imperative even in the following period. In the period to come, macroeconomic politics will focus on the further improvement of business environment, tax and customs policy of direct foreign investments and the stimulation of investment activity, as well as human capital development and state economic infrastructure, which are among the main economic criteria for the existence of functional trade. Such a policy to follow represents warranty for stable economic growth in the Republic of Macedonia through the stable level of public debt and the provident level of budgetary deficit in combination with stable exchange rate. Such an economic recuperation continues even in the first and second quarter, whereupon GDP has attained growth, while attains of the third and fourth quarter instruct or suggest keeping/retention of the economy in the zone of solid annual growth commensurate the designed.
In this research paper we will present macroeconomic movements, domestic production data according to the productive method in the real sectors for the last two periods.