Fiscal stimulations for improving the business environment in Republic of Macedonia Cover Image

Fiscal stimulations for improving the business environment in Republic of Macedonia
Fiscal stimulations for improving the business environment in Republic of Macedonia

Author(s): Stevan Gaber
Subject(s): Economy
Published by: Prague Development Center
Keywords: Budget deficit financing; restrictive monetary policy; policy coordination; bank reserve rate requirement

Summary/Abstract: In conditions when the national economy is hit hard with catastrophic economic consequences from financial crises, mutual coordinative approach between fiscal authorities and independent monetary institution, entrusted for macroeconomic stability, is particularly essential. This paper focuses on the situation, when there is not, at least temporary, constructive dialog between the two most important institutions in the country, and consequences are paid by enterprises and citizens.

  • Issue Year: 3/2009
  • Issue No: 3
  • Page Range: 48-49
  • Page Count: 2
  • Language: English