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The Relationship Between Government Debt And Economic Growth In North Macedonia, Amir Imeri, Gresa Mjaku
The Relationship Between Government Debt And Economic Growth In North Macedonia, Amir Imeri, Gresa Mjaku
UBT International Conference
This paper empirically investigates the long run relation between domestic and external general government debt and economic growth in North Macedonia. We analyze how the government debt at a certain point in time is correlated with the GDP growth rate. The study employs a regression model as well as ANOVA test in order to investigate the causal relationship between government debt and GDP growth rate using annual data for the time period 2005 – 2019. We find strong evidence for a significantly positive relation between domestic general government debt and growth and negative relation between external general government debt and …
Fiscal Policy As A Tool Of Economic Stabilization - The Case Of Albania, Almarin Frakulli
Fiscal Policy As A Tool Of Economic Stabilization - The Case Of Albania, Almarin Frakulli
UBT International Conference
Processes such as globalization and integration, individuals’ increasing reliance upon technology, limited vital resources in order to ensure normal life increase the complexity of our world and make the State’s economic involvement compulsory. The theory of the use of fiscal policy for promoting economic stability is by now about forty years old. It may be time to ask to what extent fiscal policy has been used in practice as a tool for economic stabilization in Albania; how useful fiscal policy has proven to be, and finally what have been the main obstacles to fiscal policy as a means of economic …
Estimating Quarter To Quarter Economic Growth In Kosovo, Ledjon Shahini, Bernard Dosti, Perseta Grabova
Estimating Quarter To Quarter Economic Growth In Kosovo, Ledjon Shahini, Bernard Dosti, Perseta Grabova
UBT International Conference
Estimation of economic growth in real time is one of the main objectives for most of the policymakers. At this point Gross Domestic Production at quarterly frequencies is the most accurate indicator. Most of the countries that have developed this macroeconomic indicator are publishing GDP in two main forms, seasonal and not seasonal adjusted. Seasonality is a present phenomenon for most of the economic sectors at quarterly frequencies. These different rhythms caused by weather, human habits, legislation, and so on, tend to repeat themselves periodically. It is therefore natural to try to estimate their impact and take account of them …
The Relationship Between Economic Growth And Eucation In Albania, Marie Guma
The Relationship Between Economic Growth And Eucation In Albania, Marie Guma
UBT International Conference
Albania as a middle-income country has faced an ongoing economic growth even though economic crisis have stroked world’s economy. The economic growth itself explains at the same time the increase in a nation’s welfare by all means of it. However our main focus is the effect that education level of individuals has on the economic growth of Albania. Literature review states that investment in education directs into the formation of a qualified human capital, compared to physical or social capital and that makes a significant contribution to economic growth. So the study will briefly explain the reasons behind the economic …