Series: IMF Staff Country Reports
Author(s): International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 21 November 2016
Keywords: Selected Issues Papers, Foreign direct investment, Employment, Economic growth, Infrastructure, Labor market reforms, Public investment, former Yugoslav Republic of Macedonia (FYR Macedonia), Spillovers
This Selected Issues paper quantifies the short- and medium-term growth effects of major ongoing highway and railway projects in the Former Yugoslav Republic of Macedonia. A standard neoclassical growth model is au...