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Republic of North Macedonia : Action Plan for Recovery of Growth and Jobs.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- World Bank Group.
- Series:
- Policy Notes.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Access to Finance.
- Business Environment.
- Employment.
- Employment and Unemployment.
- Foreign Direct Investment.
- Job Creation.
- Labor Market.
- Labor Markets.
- Labor Policies.
- Labor Policy.
- Microenterprises.
- Poverty Reduction.
- Private Sector Development.
- Skills Development and Labor Force Training.
- Small and Medium Size Enterprises.
- Social Protections and Labor.
- Local Subjects:
- Access to Finance.
- Business Environment.
- Employment.
- Employment and Unemployment.
- Foreign Direct Investment.
- Job Creation.
- Labor Market.
- Labor Markets.
- Labor Policies.
- Labor Policy.
- Microenterprises.
- Poverty Reduction.
- Private Sector Development.
- Skills Development and Labor Force Training.
- Small and Medium Size Enterprises.
- Social Protections and Labor.
- Other Title:
- Republic of North Macedonia
- Place of Publication:
- Washington, D.C. : The World Bank, 2020.
- System Details:
- data file
- Summary:
- North Macedonia has made considerable progress in recent decades, moving from lower-middle to upper-middle income status, and from a planned to a functional market economy. Despite these reforms, the domestic economy still lacks the needed dynamism to move into higher-income status, as evidenced by a declining and low productivity challenge. Compounding this challenge, the economy also faces a low employment and skills challenge. To address its productivity challenge North Macedonia will need to continue to attract FDI and engage in an ambitious strategic regulatory and firm-level reform agenda. North Macedonia will need, as well, to continue supporting the development of a skilled and well-trained labor force that can match the upcoming demands of the private sector.
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