DEMOGRAPHIC CHANGES IN NORTH MACEDONIA – EFFECTS AND CONSEQUENCES ON ECONOMIC GROWTH
DEMOGRAPHIC CHANGES IN NORTH MACEDONIA – EFFECTS AND CONSEQUENCES ON ECONOMIC GROWTH

Summary/Abstract: This paper aims to analyze the demographic changes occurring in theRepublic of North Macedonia and their impact on the economy, with a specificfocus on labour market dynamics, aggregate demand and supply shifts, regionaldevelopment disparities, and implications for economic growth. Through thisanalysis, the paper seeks to identify key challenges and propose strategicmeasures to address them. The research utilizes data from the 2021 censusand other relevant sources to examine the demographic trends in the Republicof North Macedonia, including population decline, aging, and emigrationpatterns. By examining these interrelated factors, the paper aims to provideinsights into the challenges faced by the Macedonian economy and proposepolicy recommendations to promote sustainable development and addressdemographic challenges effectively

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