wiiw Forecast Reports
MACEDONIA: Democratisation is not costless
publication_icon
in: CESEE Back on Track to Convergence
wiiw Forecast Report No. Autumn 2017, November 2017 , pp. 93-95
This year’s disappointing growth of at most 2% is due to the prolonged political
crisis. Medium-term prospects have improved, though they are dependent on
the political ability of the new government. Assuming that stability is
preserved, next year should see growth of 3%, which should edge up towards
3.5% in the medium run, driven mostly by investment, both private and public.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: North Macedonia