Subject: HB Economic Theory
Year: 2019
Type: Article
Type: PeerReviewed
Title: Economic challenges of North Macedonia’s bridging toward European Union, with focus on real and nominal convergence
Author: Dauti, Bardhyl
Author: Emini, Edrina
Abstract: The paper examines real and nominal convergence of North Macedonia toward European Union (EU) and European Monetary Union (EMU), with regard to real and external sector developments as well as fiscal and monetary developments in the country, in line with the Copenhagen and Maastricht criteria. Hence, the North Macedonia’s economic developments in prices, fiscal balances and debt ratio, exchange rates and long-term interest rates are reviewed from a backward – looking perspective, focusing mainly on the last 10 years. The results of the paper suggest that the country is on a good shape, with respect to transition developments, as well as real sector and external sector developments, thus enhancing the advancement of the country’s EU approximation path and is far away from monetary integration.
Publisher: Faculty of Economics - University of Tetova
Relation: https://eprints.unite.edu.mk/410/
Identifier: oai:eprints.unite.edu.mk:410
Identifier: https://eprints.unite.edu.mk/410/1/3.pdfIdentifier: Dauti, Bardhyl and Emini, Edrina (2019) Economic challenges of North Macedonia’s bridging toward European Union, with focus on real and nominal convergence. ECONOMIC VISION International Scientific Journal in Economics, Finance, Business, Marketing, Management and Tourism, 6 (11-12). pp. 31-41. ISSN 2545-4544
