Macroeconomic stability in Macedonian economy in troubled times

Abstract

The subject of research of this paper presents the macroeconomic stability in Macedonian economy in time of Covid-19 crises. The purpose of the research of this paper is to analyze whether Macedonian economy is well-functioning market economy in troubled times and what are the risks for the future in our economy. The first part of the paper is an introduction, which explains the topic of the research, while the second part of this paper explains the macroeconomic parameters that are used to measure the macroeconomic balance in the economy that are: general price stability (inflation rate), labor market equilibrium (full employment), sustainability of public finances (amount of budget deficit), sustainability of external economic relations (amount of the balance of payments deficit) and indebtedness sustainability (degree of indebtedness). Finally, the third part of the paper is the conclusion.