The study explores the corporate sector debt in the Macedonian economy. It starts by a narrative scrutiny of its evolution using micro and macro data, and proceeds with a further analysis of its main components. The simple data inspection provides no evidence that corporate sector in Macedonia...

Ten years after the global crisis, it is more than certain that the context for monetary policy making has not returned to the pre - crisis "normal". Central banks, in advanced economies in particular, have deployed unprecedented measures to ensure proper functioning of financial markets, and to...