Serial Article
| DOI |
10.7336/academicus.2016.13.14 |
| URL |
https://academicus.edu.al/?subpage=volumes&nr=13 |
| Multiple Resolution: |
| MR URL |
https://academicus.edu.al |
| MR URL |
https://academicus.edu.al/nr13/Academicus-MMXVI-13-171-183.html |
| MR URL |
https://academicus.edu.al/nr13/Academicus-MMXVI-13-171-183.pdf |
| MR URL |
mailto:info@academicus.edu.al |
| MR URL |
https://academicus.edu.al/images/front_end/academicus.jpg |
| MR URL |
https://creativecommons.org/licenses/by-nc-nd/4.0/ |
| Acess Indicators: |
|
OA – Open Access |
| OA License |
https://creativecommons.org/licenses/by-nc-nd/4.0/ |
Full Title
English
(eng)
|
Academicus International Scientific Journal |
| Publisher (01) |
Academicus International Scientific Journal |
| Country of publication |
Albania
(AL)
|
|
ISSN
|
20793715 |
| Product Form |
Printed Journal
(JB)
|
|
ISSN
|
23091088 |
| Product Form |
Online Journal
(JD)
|
| Journal Volume Number |
13 |
| Journal Issue Date (YYYY/MM) |
2016 / 01 |
Title
English
(eng)
|
The effects of the global economic crisis on Macedonian economy: Some macroeconomic indicators and future policy recommendations |
| Number of Pages |
13 |
| First Page |
171 |
| Last Page |
183 |
| Language of text |
English
(eng)
|
| Publication Date (YYYY/MM) |
2016 / 01 |
| Copyright |
2016, Academicus |
Abstract
Main description
(01)
|
The recent economic and financial crisis caused a severe blow to the fragile Macedonian economy, halting the positive development
trends in the last decade. This, has in turn, intensified the future challenges. The paper intends to analyze the impact of
global economic crisis on the Macedonian economy focuses mainly on the macroeconomic level, identifying and analyzing fluctuations
of major macroeconomic indicators that reflect the development and macroeconomic balances of the economy, such as GDP, the
level of employment, inflation, budget deficit, public debt, etc. Secondary analysis of previous quantitative data and published
studies, combined with an own qualitative study in the field, has provided a reliable and convincing basis for analysis. The
experiences and lessons taken from the global economic crisis should serve as a basis for changing the current economic model
with a new one in order the economy of the country to catch a connection with the intense changes that are expected to occur
in the coming period. It is expected that creating new economic model in Republic of Macedonia will result in multiple positive
effects that primarily manifested in the increasing number of newly small and medium enterprises, domestic investments, industrial
production, GDP, number of new employees and total exports as well as in reduction of the trade deficit in maintaining macroeconomic
stability of the country.
|
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