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Компаративна економска анализа Македонија vs. Белгија
[Macedonia vs. Belgium (Comparative Economic Analysis)]

Author

Listed:
  • Kovachev, Goran
  • Popovska, Anita
  • Naumov, Ognen
  • Sazdov, Vladimir
  • Todorov, Nikola

Abstract

The main objective of this paper is through comparative analysis of two at first sight similar, but in practice completely different European countries (Macedonia and Belgium) to show how different approaches in solving economic issues can lead to different dynamics in economic development. The paper is divided in six general sections. The first is a brief historical overview of both countries. The second and third section show the foreign trade development and models of strengthening Belgium’s competitive advantage over the years. Third part is actualy meant to be a guideline for Macedonia of how to develop its competitive advantages and thus to became more competitive od European markets and worldwide. Fourth section analyses Belgium’s educational system, where its competitive advantage actually begins. The fifth chapter is reserved for agriculture – one of Macedonia’s most important but extensive economic sectors vis-à-vis Belgian highly developed and unique agri-complex. At the end, the paper analyses both countries’ trade policies and gives directions of how can Macedonia use Belgian experience in foreign trade in future. The methods of statistical data analysis, historical analysis, comparative analysis and deduction are widely used in this paper.

Suggested Citation

  • Kovachev, Goran & Popovska, Anita & Naumov, Ognen & Sazdov, Vladimir & Todorov, Nikola, 2004. "Компаративна економска анализа Македонија vs. Белгија [Macedonia vs. Belgium (Comparative Economic Analysis)]," MPRA Paper 65690, University Library of Munich, Germany, revised Sep 2004.
  • Handle: RePEc:pra:mprapa:65690
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    File URL: https://mpra.ub.uni-muenchen.de/65690/1/MPRA_paper_65690.pdf
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    References listed on IDEAS

    as
    1. Alan V. Deardorff & Robert M. Stern, 2004. "EU Expansion and EU Growth," International Economic Association Series, in: Alan V. Deardorff (ed.), The Past, Present and Future of the European Union, chapter 5, pages 74-102, Palgrave Macmillan.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    foreign trade; Macedonia; Belgium; competitive advantage; agriculture; trade policy;
    All these keywords.

    JEL classification:

    • E69 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Other
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • H79 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Other
    • P52 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies

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