FISCAL STIMULATIONS FOR IMPROVING THE BUSINESS ENVIRONMENT IN REPUBLIC OF MACEDONIA

Stevan Gaber
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Stevan Gaber: Department of Economics University “Goce Delcev”, Macedonia

Perspectives of Innovation in Economics and Business (PIEB), 2009, vol. 3, issue 3, 48-49

Abstract: In conditions when the national economy is hit hard with catastrophic economic consequences from financial crises, mutual coordinative approach between fiscal authorities and independent monetary institution, entrusted for macroeconomic stability, is particularly essential. This paper focuses on the situation, when there is not, at least temporary, constructive dialog between the two most important institutions in the country, and consequences are paid by enterprises and citizens.

Keywords: Budget deficit financing; restrictive monetary policy; policy coordination; bank reserve rate requirement. (search for similar items in EconPapers)
JEL-codes: E6 (search for similar items in EconPapers)
Date: 2009
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