Former Yugoslav Republic of Macedonia : Recent Economic Developments.
This paper reviews economic developments in the Former Yugoslav Republic of Macedonia during 1990-95. The financial stabilization in 1994 was a result of three key policy changes. The National Bank abolished its system of passively rediscounting selective commercial bank credits and the emphasis of...
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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
1995.
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| Series: | IMF Staff Country Reports; Country Report ;
No. 1995/050 |
| Online Access: | Full text available on IMF |
| Summary: | This paper reviews economic developments in the Former Yugoslav Republic of Macedonia during 1990-95. The financial stabilization in 1994 was a result of three key policy changes. The National Bank abolished its system of passively rediscounting selective commercial bank credits and the emphasis of monetary policy was switched to inflation control. A broad range of fiscal measures ensured a decline in the public sector deficit from 11 percentage points of gross social product in 1993 to 3 percentage points in 1994. There was a 50 percent drop in measured industrial production between 1990 and 1994. |
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| Item Description: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Physical Description: | 1 online resource (103 pages) |
| Format: | Mode of access: Internet |
| ISSN: | 1934-7685 |
| Access: | Electronic access restricted to authorized BRAC University faculty, staff and students |