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Macedonia: Downside risks

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  • Vladimir Gligorov

    () (The Vienna Institute for International Economic Studies, wiiw)

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    Abstract

    Growth prospects in Macedonia are still somewhere around 2% this year with some acceleration next year and beyond. The main driver is private investment which should recover due to relatively low private debt. The main risk is the possible contagion effect from the Greek crisis. There are still slim prospects for the start of negotiations with the EU.

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    Bibliographic Info

    Paper provided by The Vienna Institute for International Economic Studies, wiiw in its series wiiw Current Analyses and Forecasts with number 9-MK.

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    Date of creation: Mar 2012
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    Publication status: Published as wiiw Current Analyses and Forecasts
    Handle: RePEc:wii:fpaper:fc:9:mk

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