MANAGING OF THE 2008 FINANCIAL CRISIS BY THE GOVERNMENT OF THE REPUBLIC OF MACEDONIA AND ITS IMPACT ON THE BUSINESS SECTOR
Journal Title: Globalization and Business - Year 2017, Vol 3, Issue 3
Abstract
The economy of the R.M. did not have the necessary immunity to face the worldwide consequences of the global financial crisis that hit most of the western national economies a few years ago. in order to prevent and alleviate the negative consequences, the government of the RM during the period from 2008 to 2010 has taken some anti- crisis package of measures. The government has introduced four packages of anti-crisis measures in the period 2008-2010. The aim of this paper is to analyze how the government of the Republic of Macedonia facing with the 2008 financial crisis, how the government was implement the anti crisis measures and finally what is the impact of financial crisis in the business sector with special emphasize the Pollog region. A large scale survey in SME’s has been conducted in order to get a clearer picture from the business point of view.
Authors and Affiliations
Jeton Mazllami, Izet Zeqiri, Brikend Azir
Keywords
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