Title Former Yugoslav Republic of Macedonia : selected issues / prepared by Maral Shamloo [and four others] ; approved by the European Dept

Published Washington, D.C. : International Monetary Fund, ©2012

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Description 1 online resource (34 pages) : color illustrations Series IMF country report, 2227-8907 ; no. 12/134 IMF country report ; no. 12/134. Contents Debt market development in FYR Macedonia / prepared by Eugen Tereanu and Alexander Tieman -- Euroization in FYR Macedonia : causes and policies implications / prepared by Nicholas Arregui and Ran Bi -- Autonomy of monetary policy under a peg : the case of FYR Macedonia / prepared by Nicholas Arregui and Maral Shamloo Summary This Selected Issues Paper assesses Macedonia's public debt markets and presents recommendations for their further development. Macedonia's domestic debt market is in the early stages of development and is small by regional standards. The paper also analyzes the main causes of euroization in Macedonia. It discusses the nature of monetary policy in Macedonia where despite an exchange rate peg owing to imperfect capital mobility, there exists some degree of autonomy in the conduct of monetary policy in the short term Notes Title from PDF title page (IMF Web site, viewed June 26, 2012) "May 16, 2012." Bibliography Includes bibliographical references Notes English Subject Debts, External -- North Macedonia Foreign exchange reserves -- North Macedonia Euro -- North Macedonia Monetary policy -- North Macedonia Debts, External Euro Foreign exchange reserves Monetary policy North Macedonia Form Electronic book Author Shamloo, Maral. International Monetary Fund. European Department. ISBN 1475594313 9781475594317 9781475566109 1475566107 9781475504156 1475504152 1475561512 9781475561517

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