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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Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access: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
id okr-10986-34755
recordtype oai_dc
spelling 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
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