Publication: Republic of North Macedonia: Action Plan for Recovery of Growth and Jobs
Date
2020-06
ISSN
Published
2020-06
Author(s)
World Bank
Abstract
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.
Citation
“World Bank. 2020. Republic of North Macedonia: Action Plan for Recovery of Growth and Jobs. © World Bank, Washington, DC. http://hdl.handle.net/10986/34755 License: CC BY 3.0 IGO.”