European Parliament Library

Former Yugoslav Republic of Macedonia :, Selected Issues

This Selected Issues Paper assesses Macedonia’s public debt markets and presents recommendations for their further development. Macedonia’s domestic debt market is in the early stages of development and is small by regional standards. The paper also analyzes the main causes of euroization in Macedonia. It discusses the nature of monetary policy in Macedonia where despite an exchange rate peg owing to imperfect capital mobility, there exists some degree of autonomy in the conduct of monetary policy in the short term
Table Of Contents
Cover; Contents; I. Debt Market Development in FYR Macedonia; A. Introduction; Market Evolution; Current Market Structure and Investor Base; Regional Comparison; B. Going Forward: Further Market Development and Risk Mitigation; Market Development; Risk Mitigation; References; II. Euroization in FYR Macedonia: Causes and Policies Implications; A. Introduction; B. Causes of Loan Euroization; Main Causes Identified in the Literature; Assessing Loan Euroization in FYR Macedonia; C. Policy Implications for FYR Macedonia; D. Conclusions; References
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (36 p.)
Specific Material Designation
Form Of Item

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