Investment in Macedonian economy in terms of economic crisis Cover Image

Investment in Macedonian economy in terms of economic crisis
Investment in Macedonian economy in terms of economic crisis

Author(s): Marija Ackovska , Neda Petroska-Angelovska
Subject(s): Economy
Published by: Економски институт - Скопје
Keywords: investment; depreciation; gross fixed capital formation; economic crisis Republic of Macedonia.

Summary/Abstract: This article elaborates issues related to the achieved level of investment activity in the Republic of Macedonia, having in mind the global economic crisis.For that purpose investment in fixed assets during the period of 2005-2010 are analysed. The investment activity is mostly observated by total scope of ivestment, their share in GDP versus share of depreciation, and in that maner rate of investment is estimated. The objective of further analyse is structure of gross fixed capital formation by purpose of investment and by type of ownership, also. This approach provide data of investment allocation by sectors of economy and their engagement in more or les propulsive sectors of economy and indicate types of ownership and their participation in formation of gross fixed capital. The anylize in this article is mostly based on statistical method, using official statistic data. The results of research in this paper show reduced investment activity, mostly as a result of global economic crisis. The structure of investment is not favourable and almost is the same before and after 2008. Namely, dominant share of investment are allocated in construction sector, mostly directed to bulding of housing projects and only small share refers to building or improvement of industrial capacities. More dynamic growth of investment activities and more favorable structure of investment prerequsits concrete measures and activities toward improvement of investment clima and stimulation of domestic and foreign investors.

  • Issue Year: 14/2012
  • Issue No: 2-3
  • Page Range: 18-27
  • Page Count: 10
  • Language: English