The correlation among agglomeration, externalities, and human capital growth is a question that requires extensive empirical and analytical investigation. This article hypothesizes that entities that cluster in geographic space take advantage of external economies and develop more rapidly than...

Factor Markets Coordination: Centre for European Policy Studies (CEPS), Brussels, Belgium

The undeveloped rural capital market in the Former Yugoslav Republic of Macedonia is constrained by an urban–rural development gap, with limited capacities for rural development and imperfections in the rural capital market. Among the most striking hindrances are the illegal status of a large...

Macedonia is experiencing constrains in relation to science, technology and innovation policies which are similar to those of other South Eastern European countries since gaining independence. The country needs a holistic approach to research and development (R&D) issues and human capital...

The correlation among agglomeration, externalities, and human capital growth is a question that requires extensive empirical and analytical investigation. This article hypothesizes that entities that cluster in geographic space take advantage of external economies and develop more rapidly than...