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

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

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 mi...

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Bibliographic Details
Main Author:	World Bank
Language:	English
Published:	World Bank 2012
Subjects:	ACCESS TO INFORMATION ACCOUNTING ADVERSE EFFECTS AGRICULTURE ANTI-COMPETITIVE PRACTICES AVERAGING BANK BRANCH BANK CREDIT BANK LOANS BANK SUPERVISION BANKING SYSTEM BARRIERS TO ENTRY BENCHMARK BORROWERS BUDGET BUSINESS COMMUNITY CADASTRE CAPITAL FLOWS CAPITAL FORMATION CENTRAL BANK COLLATERAL COLLATERAL PLEDGE COLLATERAL REGISTRY COMMODITY PRICES COMPARATIVE ADVANTAGE COMPETITIVE MARKET CONSUMERS CONTRACT CONTRACT ENFORCEMENT CONTRACTS CORPORATE SAVINGS CORPORATE TAX RATES COUNTRY CREDIT CREDIT FLOW CREDIT FLOWS CREDIT GROWTH CREDIT HISTORIES CREDIT INFORMATION CREDIT INFORMATION SYSTEM CREDIT PROVISION CREDIT RATING CREDIT RECORD CREDITORS CURRENT ACCOUNT DEFICIT DEBTORS DEMAND DEPOSIT DEPOSITS DEVELOPING COUNTRIES DIRECTED CREDIT DISPUTE RESOLUTION DOMESTIC BANKS DOMESTIC CREDIT ECONOMIC MANAGEMENT ECONOMIC PERFORMANCE ECONOMIC POLICIES ECONOMIC REFORMS ENFORCEABILITY ENFORCEMENT PROCEDURES EQUITY EQUITY MARKET EXCHANGE EXCHANGE RATE EXPENDITURES EXPORT COMPETITIVENESS EXPORT GROWTH EXPORT PERFORMANCE EXPORTERS EXPORTS EXTERNAL DEBT FINANCE FINANCIAL CRISIS FINANCIAL SECTOR FINANCIAL SECTOR DEVELOPMENT FINANCIAL SECTOR INDICATORS FINANCIAL SYSTEM FIXED ASSETS FIXED CAPITAL FIXED INVESTMENT FIXED INVESTMENTS FOREIGN BANKS FOREIGN DIRECT INVESTMENT FOREIGN FINANCING FOREIGN INVESTMENT FOREIGN INVESTOR FOREIGN INVESTORS FUTURE GDP GOOD GOODS GOVERNMENT EXPENDITURE GOVERNMENT EXPENDITURES GOVERNMENT FINANCES GOVERNMENT INVESTMENT GOVERNMENT POLICY GOVERNMENT SPENDING GOVERNMENT SUBSIDIES GROSS FIXED CAPITAL FORMATION GROWTH RATE HOUSEHOLD SAVINGS HUMAN CAPITAL HUMAN DEVELOPMENT IMPLICIT TAX INCENTIVES INCOME LEVELS INEFFICIENCY INFLATION INFORMATION ON BORROWERS INFORMATION TECHNOLOGY INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENTS INPUTS INSTRUMENT INTEREST INTEREST RATES INTERNATIONAL FINANCIAL CRISIS INTERNATIONAL INVESTMENT INTERNATIONAL MARKETS INVESTMENT INVESTMENT CLIMATE INVESTMENT DECISIONS INVESTMENT FUNDS INVESTMENT RATE INVESTMENT RATES INVESTOR INVESTOR CONFIDENCE INVESTOR UNCERTAINTY JOB CREATION LABOR MARKET LABOR MARKETS LAND RECORDS LAND TITLES LAND TITLING LEGAL SYSTEM LENDING LIABILITIES LIQUIDITY LOANABLE FUNDS LOANS LOCAL ECONOMY LONG-TERM PLANNING MACROECONOMIC RISKS MACROECONOMIC STABILITY MARKET ACCESS MARKET COMPETITION MARKET DATA MARKET ECONOMY MARKET REFORMS MARKET SHARE MARKET SHARES MIDDLE INCOME COUNTRIES MOBILE PHONE MOBILE PHONES MONETARY POLICY MONOPOLY MORTGAGE MUTUAL SAVINGS NATURAL RESOURCES NONPAYMENT NOTARIES OPTION OPTIONS OUTCOMES OUTSTANDING DEBTS PAYMENTS PENSION PENSION SYSTEM PER CAPITA INCOMES PHYSICAL ASSET PLEDGE POLITICAL STABILITY POLITICAL UNCERTAINTY POSSESSION OF COLLATERAL POVERTY POVERTY RATE PRICE INCREASES PRICING PRIVATE CREDIT PRIVATE INVESTMENT PRODUCTION PRODUCTION INCREASES PRODUCTION INPUTS PRODUCTIVE INVESTMENT PRODUCTIVITY PROPERTY PROVISION OF CREDIT PUBLIC DEBT PUBLIC INVESTMENT PUBLIC INVESTMENTS PUBLIC SPENDING PURCHASING POWER RATE OF RETURN REAL GDP REGULATORY CAPACITY REGULATORY FORBEARANCE REMITTANCES REPAYMENT RESERVES RESPONSIBILITIES RETURN RETURNS REVENUE RISK MANAGEMENT RISK MANAGEMENT SYSTEMS RURAL CREDIT SAFETY NET SAFETY NETS SAVINGS BANK SECURITY SHARE SMALL BORROWERS STATISTICAL ANALYSIS STOCK TAKEOVER TARIFF TARIFFS TAX TAXATION TAXES TELECOMMUNICATIONS TRADE TRADE DEFICIT TRADE DIVERSION TRADE POLICY TRADE REGIME TRADING TRANSACTION TRANSACTION COSTS TRANSACTIONS TRANSITION ECONOMIES TRANSPARENCY TREATY TRENDS UNEMPLOYMENT UNEMPLOYMENT RATE UNFAIR COMPETITION UTILITY VALUE WAGES
Online Access:	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 http://hdl.handle.net/10986/3067

Description
Summary:	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.

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

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