Economic and Business News

A recap of the key economic headlines and research for Macedonia in the last quarter. What do I need to know? 10 July – Macedonia ranked 84 in 2018 Global Innovation Index, down from its 2017 ranking of 61. However, the report notes that Macedonia’s result has a 90 per cent confidence interval of 20…

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Summit Highlights – 2018 (7 to 10 November, 2018)

The Summit had another stellar line-up that provided amazing insights on how to make Macedonia stronger, and how to be a better leader. Moving the economy forward Anthony B. Kim (Research Manager, Heritage Foundation) said that one secret to Macedonia’s future economic success is an engaged diaspora: their experience, success and passion can move the…

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Macedonia: Cannabis Cultivation and Production of Hemp Extracts

Medical cannabis is an emerging industry globally and Macedonia is the only country in the region that has legalised cannabis production and the production of hemp extracts for medical purposes. Cannabis cultivation for medical purposes is rapidly expanding and the cannabis market is exponentially growing, it is expected to triple in size in the next…

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Macedonia’s Population in 2100: The Incredible Shrinking Country

After peaking in 2023, Macedonia’s population will shrink to 1.5 million by 2100: a 30 per cent reduction on 2018. The population will also be much older in 2100; more than half the population will be over 65 years. Without significant policy changes Macedonia faces a future of lower economic growth and budget difficulties. While…

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