Openness to global market is the only way for a small scale national economy to survive and develop. Therefore, Republic of Macedonia immediately after the independence, declared its international trading system as fully liberal and open, articulated by membership in many important international...

The deep economic crisis which currently is “shaking” our neighbour Greece emerged as a new variable in the predictions and planning of the economic activity along with all the main economic variables in the Macedonian economy. In this study we are attempting to determine the potential...