THE NEED FOR MACROECONOMIC PLANNING IN THE REPUBLIC OF MACEDONIA –INSTITUTIONAL AND METHODOLOGICAL ASPECTS
THE NEED FOR MACROECONOMIC PLANNING IN THE REPUBLIC OF MACEDONIA –INSTITUTIONAL AND METHODOLOGICAL ASPECTS

Summary/Abstract: The system of indicative macroeconomic planning requires preparation and application of an adequate institutional, analytical, methodological and modeling framework in the Republic of Macedonia. The institutional framework of the system of indicative macroeconomic planning is identified through: State Statistical Office of the Republic of Macedonia, the Agency for macroeconomic models, analyses and studies (non-existent at the moment) and the Ministry of Finance (Macroeconomic Department). The most adequate analytical framework for macroeconomic analysis and planning is the elaboration, preparation and implementation of an input-output table, a social accounting matrix (SAM) and a macroeconomic CGE human sustainable development model.

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