Indicators for competitiveness in the Republic of Macedonia-analysis and challenges
Indicators for competitiveness in the Republic of Macedonia-analysis and challenges

Summary/Abstract: One of the major problems facing the Macedonian economy is competitiveness. Creating a competitive economy is highly prioritized aim of the Government, which includes active engagement of many institutions. Therefore, the main aim of this paper is to assess the condition and the level of competitiveness in the economy using different methodologies, indexes and indicators, and to demonstrate the prospects and ways for its improvement. In this paper the results indicate the improvement of the condition of the Macedonian economy competitiveness, but at the same time point out the need for its further strengthening. For this purpose, the country needs to take a number of measures and some of them are highlighted in the paper.

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