Evaluation of Selected Aspects of the Business Environment of the Republic of Macedonia and Foreign Trade Relations with the Slovak Republic

Zorkóciová Otília (), Petríková Hana () and Škodová Lenka ()
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Zorkóciová Otília: University of Economics in Bratislava, Faculty of Commerce, Department of International Trade, Dolnozemská cesta 1, 852 35 Bratislava
Petríková Hana: University of Economics in Bratislava, Faculty of Commerce, Department of International Trade, Dolnozemská cesta 1, 852 35 Bratislava
Škodová Lenka: University of Economics in Bratislava, Faculty of Commerce, Department of International Trade, Dolnozemská cesta 1, 852 35 Bratislava

Studia Commercialia Bratislavensia, 2017, vol. 10, issue 37, 98-110

Abstract: The paper focuses on the assessment of the Macedonian business environment based on analysis and comparison of selected global indices and ranks of competitiveness and quality of the business regulation and on the evaluation of the foreign trade relations with the Slovak Republic based on the calculation of the Revealed Comparative Advantage (RCA) Index. The Macedonian market has the potential to develop foreign trade activities with Slovak business entities, on the other hand, it is also a problematic territory to a certaint extent, as the current development of Macedonia is marked by the tense internal political situation that has persisted since the elections in April 2014.

Keywords: Republic of Macedonia; business environment; competitiveness indexes; business regulation indexes; revealed comparative advantage (search for similar items in EconPapers)
JEL-codes: F18 F20 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:stcomb:v:10:y:2017:i:37:p:98-110:n:4

DOI: 10.1515/stcb-2017-0009

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