TY - BOOK ID - 101237889 TI - Former Yugoslav Republic of Macedonia : Selected Issues. PY - 2016 SN - 1475555067 1475554877 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Macedonia (Republic) KW - Economic conditions. KW - Macedonia (Federated Republic, 1945- ) KW - Narodna Republika Makedonija KW - NRM KW - Maqedonia (Republic) KW - N.R.M. KW - Makedonija (Republic) KW - S.R. Makedonija KW - Socijalistička Republika Makedonija KW - SR Makedonija KW - Socialist Republic of Macedonia KW - Maḳedonyah (Republic) KW - Makedonii︠a︡ (Republic) KW - Former Yugoslav Republic of Macedonia KW - F.Y.R.O.M. KW - FYROM KW - Macedonia, Former Yugoslav Republic of KW - Republika Makedonija KW - FYR Macedonia KW - Republic of Macedonia KW - Република Македонија KW - Македонија (Republic) KW - Masèdonia (Republic) KW - Republiek van Masedonië KW - Masedonië (Republic) KW - Republik Mazedonie KW - Republik Makedonie KW - Ehemoligi Jugoslawischi Republik Mazedonie KW - Mazedonie (Republic) KW - Makedonie (Republic) KW - Cynewīse Macedonia KW - جمهورية مقدونيا KW - Jumhūrīyat Maqdūniyā KW - Republica de Macedonia KW - Republica Machedonia KW - Machedonia (Republic) KW - Republica ali Machedonia KW - Republica Ex-Iugoslavã ali Machedonia KW - Rèpublica de Macèdonie KW - Antigua República Yugoslava de Macedonia KW - Ex República Yugoslava de Macedonia KW - Masendoña (Republic) KW - F.Y.R.O. Masendoña KW - Makedoniya (Republic) KW - Makedoniya Respublikası KW - Keçmiş Yuqoslaviya Makedoniya Respublikası KW - Makedonija Kiōng-hô-kok KW - Рэспубліка Македонія KW - Rėspublika Makedonii︠a︡ KW - Македонія (Republic) KW - Republika kan Masedonya KW - Masedonya (Republic) KW - Mazedonien (Republic) KW - Makedonien (Republic) KW - Republik Mazedonien KW - Republik Makedonia KW - Makedonia (Republic) KW - Republik Yougoslaviat Kent Makedonia KW - Република Македония KW - Republika Makedonii︠a︡ KW - Бивша югославска република Македония KW - Bivsha i︠u︡goslavska republika Makedonii︠a︡ KW - North Macedonia KW - Exports and Imports KW - Infrastructure KW - Labor KW - Public Finance KW - National Government Expenditures and Related Policies: Infrastructures KW - Other Public Investment and Capital Stock KW - International Investment KW - Long-term Capital Movements KW - Investment KW - Capital KW - Intangible Capital KW - Capacity KW - Industry Studies: Transportation and Utilities: General KW - Debt KW - Debt Management KW - Sovereign Debt KW - Public finance & taxation KW - Finance KW - Macroeconomics KW - Labour KW - income economics KW - Foreign direct investment KW - Public investment and public-private partnerships (PPP) KW - Public investment spending KW - Transportation KW - Balance of payments KW - Expenditure KW - National accounts KW - Investments, Foreign KW - Public-private sector cooperation KW - Public investments KW - Saving and investment KW - Debts, Public KW - North Macedonia, Republic of KW - Income economics UR - https://www.unicat.be/uniCat?func=search&query=sysid:101237889 AB - This Selected Issues paper quantifies the short- and medium-term growth effects of major ongoing highway and railway projects in the Former Yugoslav Republic of Macedonia. A standard neoclassical growth model is augmented with public capital to capture both demand and supply-side effects of public infrastructure investments. The calibrated model suggests that the four ongoing highway and railway investments of 2–3 percent of GDP annually for 2014–18 are likely to raise the growth rate of real GDP by 0.5 percentage points on average for each year in 2014–20. Enhancing public investment efficiency can increase growth effects up to 0.8 percentage points. ER -