Компаративна економска анализа Македонија vs. Белгија

Macedonia vs. Belgium (Comparative Economic Analysis)

Goran Kovachev, Anita Popovska, Ognen Naumov, Vladimir Sazdov and Nikola Todorov

MPRA Paper from University Library of Munich, Germany

Abstract: The main objective of this paper is through comparative analysis of two at first sight similar, but in practice completely different European countries (Macedonia and Belgium) to show how different approaches in solving economic issues can lead to different dynamics in economic development. The paper is divided in six general sections. The first is a brief historical overview of both countries. The second and third section show the foreign trade development and models of strengthening Belgium’s competitive advantage over the years. Third part is actualy meant to be a guideline for Macedonia of how to develop its competitive advantages and thus to became more competitive od European markets and worldwide. Fourth section analyses Belgium’s educational system, where its competitive advantage actually begins. The fifth chapter is reserved for agriculture – one of Macedonia’s most important but extensive economic sectors vis-à-vis Belgian highly developed and unique agri-complex. At the end, the paper analyses both countries’ trade policies and gives directions of how can Macedonia use Belgian experience in foreign trade in future. The methods of statistical data analysis, historical analysis, comparative analysis and deduction are widely used in this paper.

Keywords: foreign trade; Macedonia; Belgium; competitive advantage; agriculture; trade policy (search for similar items in EconPapers)
JEL-codes: E69 F14 F43 H79 P52 (search for similar items in EconPapers)
Date: 2004-09, Revised 2004-09
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Published in International Trade Analysis Course (2004): pp. 1-50

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