Former Yugoslav Republic of Macedonia; Selected Issues

This Selected Issues Paper assesses Macedoniaâ€™s public debt markets and presents recommendations for their further development. Macedoniaâ€™s domestic debt market is in the early stages of development and is small by regional standards. The paper also analyzes the main causes of euroization in Macedonia. It discusses the nature of monetary policy in Macedonia where despite an exchange rate peg owing to imperfect capital mobility, there exists some degree of autonomy in the conduct of monetary policy in the short term.

MoreLess

Year of publication:	2012-06-08
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Currency pegs \| Debt market development \| Euro \| Exchange rate regimes \| Selected issues \| domestic debt \| central bank \| debt management \| government securities \| government debt \| debt market \| debt strategy \| monetary fund \| public debt \| domestic debt market \| external debt \| eurobonds \| monetary policy \| domestic government securities \| debt management strategy \| domestic currency \| external financing \| public debt management \| treasury securities \| treasury bonds \| debt management department \| currency risk \| debt portfolio \| national bank \| government securities market \| multilateral creditors \| monetary policy transmission mechanism \| domestic debt issuance \| foreign currency debt \| private external debt \| debt statistics \| issuance of government securities \| domestic debt markets \| external funding \| currency composition \| government securities markets \| total external debt \| currency risks \| debt management agency \| debt management committee \| short-term debt \| debt portfolios \| currency debt \| domestic debt market development \| debt ratio

More details

Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 12/134 3 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011244063