velichkovska

In this book, the author delves into the intricate tapestry of Macedonia’s economic landscape. Covering the period from 2000 to 2016, this compelling exploration scrutinizes Macedonia’s fiscal policy through a lens of rigorous quantitative analysis. The narrative unfolds, revealing the dynamic interplay between government expenditures, tax revenues, and the consequential fluctuations in GDP. At the core of Macedonia’s financial heartbeat, transfers, wages, and allowances emerge as pivotal actors, influencing the nation’s economic dynamics. Recent fiscal measures indicate a subtle shift, marked by a discernible rise in capital expenditures primarily fueled by borrowing. Noteworthy is the positive correlation between increased government spending and the responsive pulse of GDP, echoing the harmonious notes of expansionary theory. This book serves as a window into the economic soul of Macedonia. Each policy decision leaves an indelible mark on the nation’s economic destiny. For policymakers, economists, and curious minds, this book is a compass, guiding them through the twists and turns of fiscal choices and their profound impact on economic destiny.