Macedonia Business Forecast Report - Business Monitor International - Industry Reports

Macedonia Business Forecast Report

Macedonia Business Forecast Report - Business Monitor International - Industry Reports
Macedonia Business Forecast Report
Published Dec 12, 2014
46 pages — Published Dec 12, 2014
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Abstract:

Budget balance, of GDP --.- --.- --.- --.- --.- --.- --.- --.- --.- --.- --.- Goods and services exports, EURbn -.- -.- -.- -.- -.- -.- -.- -.- -.- -.- -.- Goods and services imports, EURbn -.- -.- -.- -.- -.- -.- -.- -.- --.- --.- --.- Balance of trade in goods and services, EURbn --.- --.- --.- --.- --.- --.- --.- --.- --.- --.- --.- Balance of trade in goods and services, of GDP ---.- ---.- ---.- ---.- ---.- ---.- ---.- ---.- ---.- ---.- ---.- Current account balance, EURbn --.- --.- --.- --.- --.- --.- --.- --.- --.- --.- --.- Current account balance, of GDP --.- --.- --.- --.- --.- --.- --.- --.- --.- --.- --.- Foreign reserves ex gold, EURbn -.- -.- -.- -.- -.- -.- -.- -.- -.- -.- -.- Import cover, months -.- -.- -.- -.- -.- -.- -.- -.- -.- -.- -.- f = BMI forecast. Source: National sources, BMI - Business Monitor International Ltd www contents executive summary - core Views Major Forecast changes Key risks to outlook chapter -: political outlook - sWot analysis - BMi political risk index - domestic politics - rising uncertainty over Future eu A weakened policy-making process in Macedonia will increasingly invite criticism from EU observers, while declining economic activity in Europe will make the benefits of stricter adherence to accession criteria less appealing. ...Budget balance, of GDP --.- --.- --.- --.- --.- --.- --.- --.- --.- --.- --.- Goods and services exports, EURbn -.- -.- -.- -.- -.- -.- -.- -.- -.- -.- -.- Goods and services imports, EURbn -.- -.- -.- -.- -.- -.- -.- -.- --.- --.- --.- Balance of trade in goods and services, EURbn --.- --.- --.- --.- --.- --.- --.- --.- --.- --.- --.- Balance of trade in goods and services, of GDP ---.- ---.- ---.- ---.- ---.- ---.- ---.- ---.- ---.- ---.- ---.- Current account balance, EURbn --.- --.- --.- --.- --.- --.- --.- --.- --.- --.- --.- Current account balance, of GDP --.- --.- --.- --.- --.- --.- --.- --.- --.- --.- --.- Foreign reserves ex gold, EURbn -.- -.- -.- -.- -.- -.- -.- -.- -.- -.- -.- Import cover, months -.- -.- -.- -.- -.- -.- -.- -.- -.- -.- -.- f = BMI forecast. Source: National sources, BMI - Business Monitor International Ltd www contents executive summary - core Views Major Forecast changes Key risks to outlook chapter -: political outlook - sWot analysis - BMi political risk index - domestic politics - rising uncertainty over Future eu A weakened policy-making process in Macedonia will increasingly invite criticism from EU observers, while declining economic activity in Europe will make the benefits of stricter adherence to accession criteria less appealing. taBle: Political oVerVieW - Long-term political outlook -- unresolved name dispute and ethnic tensions pose Long-term risks < ALACRA META ABSTRACT>Stalled progress on Macedonia s EU accession hopes and lingering ethnic tensions remain major challenges to the county s long-term stability. ...Nevertheless, we caution that political uncertainties could yet pose risks to the longer-term outlook. taBle: lonG-terM MacroeconoMic forecasts -- chapter -: operational risk -- operational risk -- operational risk -- taBle: south east euroPe � laBour MarKet risK -- taBle: south east euroPe � loGistics risK -- taBle: south east euroPe � criMe and security risK -- taBle: south east euroPe � trade and inVestMent -- taBle: Main iMPort Products, ---- -- chapter -: BMi Global assumptions --

...Source: BMI, State Statistical Office undermine the policymaking process in the country. ...So long as this issue remains unresolved, we believe that a meaningful ac- cession process remains unlikely. Although this has done little to prevent Macedonia s economic integration with EU member states, we believe that lack of progress in the coming years could test the political will to continue meeting membership criteria, resulting in a public backlash against policymakers who have been unable to secure a deal. Moreover, as an issue of national pride, a more confrontational tone in future negotiations would endanger Macedonia s political and economic convergence pro- cess with Europe and compound existing economic challenges. ...Here too, we caution that a declining population could amplify Macedonia s ethnic heterogeneity and exacerbate existing tensions between Macedonians and ethnic Albanians. Indeed, this would echo perceptions among Macedonians that ethnic Albanians have -- Business Monitor International Ltd www political outlook still elevated unemployment rate, Source: BMI, State Statistical Office

...Stalled progress on Macedonia s EU accession hopes and lingering ethnic tensions remain major challenges to the county s long-term sta- bility. Moreover, we note that a deteriorating demographic picture could pose severe economic challenges and exacerbate ethnic tensions as Macedonian society grows more heterogeneous over the coming dec- ades. ...Macedonia s progress in establishing political stability and gener- ating economic growth over the past decade has been remarkable. The country has shaken off regional political turbulences and ethnic tensions, which culminated in violent clashes between government forces and ethnic Albanian separatists during the ---- insurgency, to become one of the most attractive destina- tions for foreign investment in the Balkan region. This has been largely achieved thanks to strong political institutions and the country s bid to become a formal member of the EU. ...

  
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MLA:
Business Monitor International - Industry Reports. "Macedonia Business Forecast Report" Dec 12, 2014. Alacra Store. Dec 05, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Macedonia-Business-Forecast-Report-2026-1632>
  
APA:
Business Monitor International - Industry Reports. (2014). Macedonia Business Forecast Report Dec 12, 2014. New York, NY: Alacra Store. Retrieved Dec 05, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Macedonia-Business-Forecast-Report-2026-1632>
  
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