Institute of Economics

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Author: search.filters.author.Petkovski, VladimirEnd date: 2019

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    PCA analysis of the socio-economic indicators – the case of Republic of Macedonia
    (2019)
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    Boskovska, Diana
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    Petkovska Mirchevska, Tatjana
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    The dependence of the poverty line from the institutional and economic factors – the case of RM
    (2019)
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    Kostadinoska Miloseska, Snezana
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    Dzambaska, Elizabeta
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    Government institutional support for fostering SME’s innovation in Western Balkan countries
    (Economic Development, Journal of Institute of Economics - Skopje, 2019-12)
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    Boskovska, Diana
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    Petkovska Mirchevska, Tatjana
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    Fiscal implications from the political crisis in the Republic of North Macedonia
    (Economic Development, Journal of Institute of Economics - Skopje, 2019-06)
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    Kostadinoska Miloseska, Snezana
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    Chapter: Quality of Life in the Republic of North Macedonia Seen Through the Human Development Indicators
    (IGI Global book series Advances in Finance, Accounting, and Economics (AFAE), 2019)
    Djambaska, Elizabeta
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    This chapter considers the trend of human development in the RNM, presented through the HDI. The special focus would be the links with the problem of poverty and inequality in the economy, regarding the data for the GINI, IHDI, GDI, poverty line, MPI, vulnerable employment, and youth unemployment. The research subject is the period from 2010 to 2017, using the secondary statistical data. Comparative analysis, with the countries from the CESEE countries, further improve the quality of the chapter. The RNM is a country with a high level of human development, and it is relatively equally distributed among the population. There is a difference in the distribution of the achievements of HD and an intermediate level of equality in the distribution between the genders. Income inequality expressed with the GINI index shows increase. The results confirm that there is no automatic link between the economic growth and human development. Income and gender inequality regress the quality of life in Macedonia. Growth in RNM in the past period has failed to produce the expected positive effects.
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    Gender inequality on the Macedonian labour market
    (EMAN 2019, 2019-03-28)
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    Djambaska, Elizabeta
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    The labour market is facing different forms of inequality and discrimination against workers on the basis of gender, age and health. Gender gaps are one of the most pressing challenges. Globally, women are substantially less likely than men to participate on the labour market and to find jobs. Their access to quality employment opportunities is limited. Many researches have shown that there is a significant difference between the genders, in terms of the wage levels, occupation, working hours, economic status, duration of the unemployment etc. The research hypothesis of the paper is that Republic of Macedonia has gender inequality on its labour market, seen through different position of men and women regarding their economic activity, employment and unemployment. The aim of the paper is to identify the level of gender inequality and the differences between men and women on the Macedonian labour market. The paper consists of two segments. The first is focused on the theoretical aspects of the gender inequality, as well as on the measures and indicators which can determine the scale of gender inequality. In the second part, the situation on the Macedonian labour market regarding the position and differences between men and women is observed. For that purpose, the economic activity, employment and unemployment of men and women (by age, educational attainment, economic status, working hours, sectors of activity, occupations, wages and other) is analyzed. The results of the analysis show that the position of women was and remains worse than of the men. It is seen in their lower participation in the economic activity and employment in the country, in the higher unemployment rates, longer unemployment, lower wages, in an increase of the average time to find work, in the proportion of women in traditionally female occupations etc. The gender inequality demands more attention in order to improve existing legislation and to implement labour market policies which will ensure higher participation of women on the labour market. Therefore, the paper, also, notes some recommendations to overcome the unfavorable situation of women on the Macedonian labour market. The study of the gender inequality on the Macedonian labour market is made for the last decade, using the available data from the State Statistical office of the Republic of Macedonia. For the purpose of the research, reports, data and statistical analyses on gender inequality from different international institutions (Eurostat, World Bank, World Economic Forum and International Labour Organization) are also used. Concerning the methodology, the study is based on the qualitative methods such as: analysis of literature and documents and deductive reasoning, as well as on the quantitative method of descriptive statistics.
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    THE RELATIONSHIP BETWEEN CORPORATE GOVERNANCE AND CORPORATE FINANCIAL PERFORMANCE – EVIDENCE FROM EMPIRICAL STUDIES
    (2017-07)
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    This research suggests that companies that aim for good corporate governance also have better financial performance. Previous research in this area has not lead to a broader consensus of this assertion, in terms of the intensity of this relationship and also according to its direction. This research is based on analysis of 50 empirical studies conducted in 13,769 companies worldwide, in which the existence and nature of the relationships between the various characteristics of corporate governance are analyzed, on the one hand, and various variables of corporate financial performances, on the other hand. The results of the research confirm that there is a positive relationship between corporate governance and corporate financial performances.
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    DIGITAL ECONOMY AS A FACTOR FOR REALIZING SUSTAINABLE DEVELOPMENT-COMPARISON OF PRACTICES OF SIX SOUTHEAST EUROPEN COUNTRIES
    (2017-07)
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    Petkovska Mirchevska, Tatjana
    Progress made in storage, processing and transmission of digital data allowed merger of the departments of computerization, telecommunications and audio-video transmission, transforming into a significant sector of the digital economy. Advances in digital economy has realized a significant increase, (OECD, 2013: 22) implementing as an inevitable aspect in many parts of the society as retail, transportation, education, health, social interactions, banking and other elements. The growth of the digital economy is also driven, supported and facilitated throughout wide access to computers and the World Wide Web (Internet). In the world today, information and communication technologies are an integral part of the personal lives of people, businesses and governments, leading to convergence of ICT and the economy and help promote sustainable growth. Therefore, the aim of this paper is to consider the development of digital economy as a mean for sustainable development of the economic growth in the six countries of Southeast Europe i.e. Republic of Macedonia, Slovenia, Serbia, Montenegro, Bosnia and Herzegovina and Croatia. According to this, a research has been conducted, in order to determine the prospects and possibilities for development of digital economy. The research was conducted using the comparison method, where the gathered NRI data (including four main categories and ten subcategories) for the six countries of the Southeast Europe where compared in order to determine the prospects for development of digital economy. The findings of this paper show that the six European countries taken into consideration trail behind the other world countries in the majority of indicators. However, they each excel in different fields for development of the digital economy sector, and with mutual collaboration they could enhance and further increase the development of digital economy and boost the prospects of sustainable development in their countries as well as the Southeast Europe region.
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    DIGITAL ECONOMY IN SEE-6 COUNTRIES: Analysis
    (SEEA, 2017-02)
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    Digitization, which has been taking place for several decades, has affected almost every sector of the economy. The digital transformation started with the first computer revolution in the 60s, enabling task automation and process standardization. This is followed by the second information and communication technology (ICT) revolution, which was all about companies using the Internet as a standard channel of communication and a way of doing business. However, during the last two decades, the radical changes that were brought about by ICT, known as the third ICT revolution, have enhanced the full potential of digital revolution introducing the phenomenon of Digital Economy. It means basically 'Digitization of Everything’ and it is based on the latest technological developments such as Cloud Computing, Mobile Computing, Big Data and Internet of Things.