Title
Macroeconomic policy in the Transition Economies,Used
Delivery time: 8-12 business days (International)
The book addresses the assessment pertaining to monetary and fiscal policy in the Republic of Macedonia. Monetary strategy of targeting the exchange rate can easily become a target of speculative attacks, which can in turn lead to negative impacts for the economy by increases in and fluctuation of the interest rates and the foreign exchange reserves. On the other hand, the unilateral suggestion to shift the exchange rate from a fixed to a more flexible exchange rate, or to depreciate the domestic currency in order to settle the problem of deficit in the current account and consequently to promote rapid economic growth, may easily disturb macroeconomic stabilization without achieving any positive effects in terms of real economic growth in the short term. Regarding fiscal policy, the Republic of Macedonia did not establish and apply fiscal rules, i.e. there were no budget rules based on a determination of the mathematical targets for fiscal deficit, public expenditure, public debt, and public revenue in the medium term, nor was there a rulebased fiscal policy to be adjusted according to cyclical fluctuation of the economy.
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⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.
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Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.