Faculty of Economics

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    Navigating Crisis and Cooperation - North Macedonian Tourism Companies Views on the 'Open Balkan' Initiative Amidst the Challenges of Covid-19 and the Ukrainian Crisis
    (Faculty of Economics-Skopje, Ss. Cyril and Methodius University in Skopje, 2023-12-15)
    Mijovic Hristovska, Bojana
    ;
    Mijovic Spasova, Tamara
    This paper investigates the dual challenges posed by the Covid-19 crisis and the Ukrainian crisis and their profound impact on the tourism sector in North Macedonia. As these crises disrupted global travel patterns and tourism dynamics, North Macedonia's tourism industry faced challenges. Through an in-depth analysis of empirical data, this paper sheds light on the resilience and adaptability of tourism companies in North Macedonia during these crises. The research explores the measures adopted by North Macedonian government to mitigate the adverse effects of these crises. Moreover, it examines the role of regional economic cooperation among Western Balkan countries in enhancing the tourism sector's resilience and recovery. Findings reveal the pivotal role of regional cooperation in creating a supportive framework for tourism companies in North Macedonia and neighboring countries. Leveraging their shared cultural, historical, and geographical ties, these nations have demonstrated the potential to foster sustainable tourism growth and strengthen economic ties. This paper contributes to the understanding of crisis management in the tourism sector, offering valuable insights for policymakers, businesses, and academics interested in the Western Balkans region's economic development and tourism resilience strategies. The research underscores the importance of collaboration in overcoming crises and capitalizing on shared opportunities, ultimately paving the way for a more robust and resilient tourism industry in North Macedonia and the broader Western Balkans region.
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    Cultivating Perspectives: The Agriculture Sector in North Macedonia, the 'Open Balkan' Initiative, and the Dual Shocks of Covid-19 and the Ukrainian Crisis
    (Faculty of Economics-Skopje, Ss. Cyril and Methodius University in Skopje, 2023-12-15)
    Mijovic Spasova, Tamara
    ;
    Mijovic Hristovska, Bojana
    This paper investigates the intertwined effects of two contemporaneous global crises, the Covid-19 pandemic and the Russia-Ukraine military conflict, on agriculture sector companies operating in North Macedonia. Additionally, it explores the potential advantages arising from regional economic cooperation within the Western Balkans. The study pursues a comprehensive analysis to discern the multifaceted challenges confronted by these companies while evaluating the role of regional collaboration in mitigating the repercussions of such crises. The research explores the measures adopted by North Macedonian government to mitigate the adverse effects of these crises. Moreover, it examines the role of regional economic cooperation among Western Balkan countries in enhancing the agricultural sector's resilience and recovery. Findings reveal the pivotal role of regional cooperation in creating a supportive framework for agricultural sector in North Macedonia and neighboring countries. The study encompasses various aspects, including general perspectives of companies, import-export dynamics, regional economy, and production conditions during post-COVID-19 and the Russia-Ukraine military conflict crises. Furthermore, the research outlines the agricultural development policy priorities for North Macedonia. The findings shed light on the effects of the "Open Balkan" initiative and provide valuable insights for policymakers and stakeholders in the agricultural sector. Our findings are poised to inform policy formulation, guide strategic decisions within the business landscape, and drive international collaboration initiatives geared toward enhancing agricultural resilience and fostering sustainable development in the region.