Republic of North Macedonia : Action Plan for Recovery of Growth and Jobs
North Macedonia has made considerable progress in recent decades, moving from lower-middle to upper-middle income status, and from a planned to a functional market economy. Despite these reforms, the domestic economy still lacks the needed dynamism...
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2020
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okr-10986-347552021-05-25T09:49:45Z Republic of North Macedonia : Action Plan for Recovery of Growth and Jobs World Bank ECONOMIC GROWTH JOB CREATION EMPLOYMENT LABOR MARKET PRIVATE SECTOR DEVELOPMENT BUSINESS ENVIRONMENT REGULATORY QUALITY COMPETITION POLICY ACCESS TO FINANCE FOREIGN DIRECT INVESTMENT STATE AID POLICY YOUTH LABOR LABOR SKILLS DEVELOPMENT LABOR POLICY MICROFINANCE SMALL AND MEDIUM SIZE ENTERPRISE North Macedonia has made considerable progress in recent decades, moving from lower-middle to upper-middle income status, and from a planned to a functional market economy. Despite these reforms, the domestic economy still lacks the needed dynamism to move into higher-income status, as evidenced by a declining and low productivity challenge. Compounding this challenge, the economy also faces a low employment and skills challenge. To address its productivity challenge North Macedonia will need to continue to attract FDI and engage in an ambitious strategic regulatory and firm-level reform agenda. North Macedonia will need, as well, to continue supporting the development of a skilled and well-trained labor force that can match the upcoming demands of the private sector. 2020-11-09T21:50:31Z 2020-11-09T21:50:31Z 2020-06 Report http://documents.worldbank.org/curated/en/809991603810854005/Republic-of-North-Macedonia-Action-Plan-for-Recovery-of-Growth-and-Jobs http://hdl.handle.net/10986/34755 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Policy Note Europe and Central Asia North Macedonia (Formerly the Former Yugoslav Republic of Macedonia) |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
ECONOMIC GROWTH JOB CREATION EMPLOYMENT LABOR MARKET PRIVATE SECTOR DEVELOPMENT BUSINESS ENVIRONMENT REGULATORY QUALITY COMPETITION POLICY ACCESS TO FINANCE FOREIGN DIRECT INVESTMENT STATE AID POLICY YOUTH LABOR LABOR SKILLS DEVELOPMENT LABOR POLICY MICROFINANCE SMALL AND MEDIUM SIZE ENTERPRISE |
spellingShingle |
ECONOMIC GROWTH JOB CREATION EMPLOYMENT LABOR MARKET PRIVATE SECTOR DEVELOPMENT BUSINESS ENVIRONMENT REGULATORY QUALITY COMPETITION POLICY ACCESS TO FINANCE FOREIGN DIRECT INVESTMENT STATE AID POLICY YOUTH LABOR LABOR SKILLS DEVELOPMENT LABOR POLICY MICROFINANCE SMALL AND MEDIUM SIZE ENTERPRISE World Bank Republic of North Macedonia : Action Plan for Recovery of Growth and Jobs |
geographic_facet |
Europe and Central Asia North Macedonia (Formerly the Former Yugoslav Republic of Macedonia) |
description |
North Macedonia has made considerable
progress in recent decades, moving from lower-middle to
upper-middle income status, and from a planned to a
functional market economy. Despite these reforms, the
domestic economy still lacks the needed dynamism to move
into higher-income status, as evidenced by a declining and
low productivity challenge. Compounding this challenge, the
economy also faces a low employment and skills challenge. To
address its productivity challenge North Macedonia will need
to continue to attract FDI and engage in an ambitious
strategic regulatory and firm-level reform agenda. North
Macedonia will need, as well, to continue supporting the
development of a skilled and well-trained labor force that
can match the upcoming demands of the private sector. |
format |
Report |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
Republic of North Macedonia : Action Plan for Recovery of Growth and Jobs |
title_short |
Republic of North Macedonia : Action Plan for Recovery of Growth and Jobs |
title_full |
Republic of North Macedonia : Action Plan for Recovery of Growth and Jobs |
title_fullStr |
Republic of North Macedonia : Action Plan for Recovery of Growth and Jobs |
title_full_unstemmed |
Republic of North Macedonia : Action Plan for Recovery of Growth and Jobs |
title_sort |
republic of north macedonia : action plan for recovery of growth and jobs |
publisher |
World Bank, Washington, DC |
publishDate |
2020 |
url |
http://documents.worldbank.org/curated/en/809991603810854005/Republic-of-North-Macedonia-Action-Plan-for-Recovery-of-Growth-and-Jobs http://hdl.handle.net/10986/34755 |
_version_ |
1764481587569754112 |