wiiw Forecast Reports
MACEDONIA: Political crisis and recovery
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in: Riding the Global Growth Wave
wiiw Forecast Report No. Spring 2018, March 2018 , pp. 118-121
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Recovery of growth to around 3% should lead to growth accelerating to 3.5% and even 4% in the medium term under more positive external developments. Investments and net exports should contribute. External shocks, primarily within the region, can have a strong influence and that can go either way, which is why the risks are more often than not on the downside. In that, the agreement with Greece on the ‘name issue’ is crucial.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: North Macedonia