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The Need For Macroeconomic Planning In The Republic Of Macedonia – Institutional And Methodological Aspects

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  • Sasho Kjosev

    (University “Ss. Cyril and Methodius” Faculty of Economics Skopje, Republic of Macedonia)

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.

Suggested Citation

  • Sasho Kjosev, 2007. "The Need For Macroeconomic Planning In The Republic Of Macedonia – Institutional And Methodological Aspects," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(7), pages 177-186, April.
  • Handle: RePEc:aio:rteyej:v:1:y:2007:i:7:p:177-186
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    Cited by:

    1. Prof. Sasho Kjosev Ph. D & Assist. Prof. Gjorgji Gockov Ph. D & Assist. Prof. Ljupcho Eftimov, Ph.D, 2014. "Why Is The Social Accounting Matrix Important For The Republic Of Macedonia?," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(23), pages 45-50, November.

    More about this item

    Keywords

    macroeconomic indicative planning; institutional and methodological framework; Republic of Macedonia;
    All these keywords.

    JEL classification:

    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • E47 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Forecasting and Simulation: Models and Applications

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