wiiw Current Analyses and Forecasts

Macedonia: Shaky stability


in: Double-dip Recession over, yet no Boom in Sight
wiiw Current Analyses and Forecasts No. 11, , pp. 103

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The Macedonian economy is more dependent on the neighbouring countries, as this is a small and landlocked country. So, as long as domestic demand remains subdued and the regional environ- ment remains depressed and unstable, sluggish recovery, not fundamentally different from stagna- tion, will prevail.


Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: Macedonia, SEE