wiiw Current Analyses and Forecasts
Macedonia: Shaky stability
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in: Double-dip Recession over, yet no Boom in Sight
wiiw Current Analyses and Forecasts No. 11, March 2013 , pp. 103
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: North Macedonia, SEE