North Macedonia Systematic Country Diagnostic Update
The 2018 North Macedonia SCD evaluated the country’s economic development and recognized its impressive progress in reducing poverty and advancing shared prosperity. Between 2002 and 2018, income per capita doubled, and the country rose from lower-middle-income to upper-middle-income status. In the wake of the global financial crisis, a sustained increase in the incomes of households in the bottom 40 percent of the distribution halved the headcount poverty rate to about 20 percent, and years of inclusive growth drove one of the world’s steepest declines in inequality. While this assessment was broadly positive, it also highlighted challenges that could make progress difficult to sustain unless structural reforms were advanced including within the European Union (EU) accession negotiations context. The SCD presented three complementary pathways for North Macedonia to achieve faster, more inclusive, and sustainable growth: (i) increasing productivity; (ii) enhancing job opportunities for all; and (iii) achieving sustainability through effective governance, fiscal prudence, enhanced environmental management and resilience to natural hazards. Five years later, these same pathways remain central to inclusive growth and poverty reduction in North Macedonia. North Macedonia envisions a future characterized by higher productivity and better paid jobs; enhanced infrastructure and public services that allow a more balanced regional development; a sustainable environment and higher resilience to shocks; and, ultimately, being a member of the EU. Unfortunately, the country lags on these aspirations and grapples with the pressing issue of population decline and emigration. Numerous factors contribute to the wave of emigration, encompassing political polarization, corruption, eroded trust in public institutions, perceptions of socioeconomic inequality, persisting intergenerational poverty, low-quality healthcare and education systems, and alarming levels of air pollution.
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Format: | Report biblioteca |
Language: | English en_US |
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Washington, DC: World Bank
2023-11-10
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Subjects: | ACCOUNTABLE SERVICE DELIVERY, HUMAN CAPITAL, BETTER PAID JOBS CREATION, CLIMATE CHANGE RESILIENCE, LOW-CARBON, |
Online Access: | http://documents.worldbank.org/curated/en/099101123160078961/BOSIB0b6c06f3a02308a560f638f2320d79 https://openknowledge.worldbank.org/handle/10986/40596 |
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dig-okr-10986405962023-11-13T02:32:22Z North Macedonia Systematic Country Diagnostic Update Navigating Challenges, Embracing Opportunities World Bank ACCOUNTABLE SERVICE DELIVERY HUMAN CAPITAL BETTER PAID JOBS CREATION CLIMATE CHANGE RESILIENCE LOW-CARBON The 2018 North Macedonia SCD evaluated the country’s economic development and recognized its impressive progress in reducing poverty and advancing shared prosperity. Between 2002 and 2018, income per capita doubled, and the country rose from lower-middle-income to upper-middle-income status. In the wake of the global financial crisis, a sustained increase in the incomes of households in the bottom 40 percent of the distribution halved the headcount poverty rate to about 20 percent, and years of inclusive growth drove one of the world’s steepest declines in inequality. While this assessment was broadly positive, it also highlighted challenges that could make progress difficult to sustain unless structural reforms were advanced including within the European Union (EU) accession negotiations context. The SCD presented three complementary pathways for North Macedonia to achieve faster, more inclusive, and sustainable growth: (i) increasing productivity; (ii) enhancing job opportunities for all; and (iii) achieving sustainability through effective governance, fiscal prudence, enhanced environmental management and resilience to natural hazards. Five years later, these same pathways remain central to inclusive growth and poverty reduction in North Macedonia. North Macedonia envisions a future characterized by higher productivity and better paid jobs; enhanced infrastructure and public services that allow a more balanced regional development; a sustainable environment and higher resilience to shocks; and, ultimately, being a member of the EU. Unfortunately, the country lags on these aspirations and grapples with the pressing issue of population decline and emigration. Numerous factors contribute to the wave of emigration, encompassing political polarization, corruption, eroded trust in public institutions, perceptions of socioeconomic inequality, persisting intergenerational poverty, low-quality healthcare and education systems, and alarming levels of air pollution. 2023-11-10T20:26:49Z 2023-11-10T20:26:49Z 2023-11-10 Report http://documents.worldbank.org/curated/en/099101123160078961/BOSIB0b6c06f3a02308a560f638f2320d79 https://openknowledge.worldbank.org/handle/10986/40596 English en_US CC BY-NC 3.0 IGO World Bank https://creativecommons.org/licenses/by-nc/3.0/igo application/pdf text/plain Washington, DC: World Bank |
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ACCOUNTABLE SERVICE DELIVERY HUMAN CAPITAL BETTER PAID JOBS CREATION CLIMATE CHANGE RESILIENCE LOW-CARBON ACCOUNTABLE SERVICE DELIVERY HUMAN CAPITAL BETTER PAID JOBS CREATION CLIMATE CHANGE RESILIENCE LOW-CARBON |
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ACCOUNTABLE SERVICE DELIVERY HUMAN CAPITAL BETTER PAID JOBS CREATION CLIMATE CHANGE RESILIENCE LOW-CARBON ACCOUNTABLE SERVICE DELIVERY HUMAN CAPITAL BETTER PAID JOBS CREATION CLIMATE CHANGE RESILIENCE LOW-CARBON World Bank North Macedonia Systematic Country Diagnostic Update |
description |
The 2018 North Macedonia SCD
evaluated the country’s economic development and recognized
its impressive progress in reducing poverty and advancing
shared prosperity. Between 2002 and 2018, income per capita
doubled, and the country rose from lower-middle-income to
upper-middle-income status. In the wake of the global
financial crisis, a sustained increase in the incomes of
households in the bottom 40 percent of the distribution
halved the headcount poverty rate to about 20 percent, and
years of inclusive growth drove one of the world’s steepest
declines in inequality. While this assessment was broadly
positive, it also highlighted challenges that could make
progress difficult to sustain unless structural reforms were
advanced including within the European Union (EU) accession
negotiations context. The SCD presented three complementary
pathways for North Macedonia to achieve faster, more
inclusive, and sustainable growth: (i) increasing
productivity; (ii) enhancing job opportunities for all; and
(iii) achieving sustainability through effective governance,
fiscal prudence, enhanced environmental management and
resilience to natural hazards. Five years later, these same
pathways remain central to inclusive growth and poverty
reduction in North Macedonia. North Macedonia envisions a
future characterized by higher productivity and better paid
jobs; enhanced infrastructure and public services that allow
a more balanced regional development; a sustainable
environment and higher resilience to shocks; and,
ultimately, being a member of the EU. Unfortunately, the
country lags on these aspirations and grapples with the
pressing issue of population decline and emigration.
Numerous factors contribute to the wave of emigration,
encompassing political polarization, corruption, eroded
trust in public institutions, perceptions of socioeconomic
inequality, persisting intergenerational poverty,
low-quality healthcare and education systems, and alarming
levels of air pollution. |
format |
Report |
topic_facet |
ACCOUNTABLE SERVICE DELIVERY HUMAN CAPITAL BETTER PAID JOBS CREATION CLIMATE CHANGE RESILIENCE LOW-CARBON |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
North Macedonia Systematic Country Diagnostic Update |
title_short |
North Macedonia Systematic Country Diagnostic Update |
title_full |
North Macedonia Systematic Country Diagnostic Update |
title_fullStr |
North Macedonia Systematic Country Diagnostic Update |
title_full_unstemmed |
North Macedonia Systematic Country Diagnostic Update |
title_sort |
north macedonia systematic country diagnostic update |
publisher |
Washington, DC: World Bank |
publishDate |
2023-11-10 |
url |
http://documents.worldbank.org/curated/en/099101123160078961/BOSIB0b6c06f3a02308a560f638f2320d79 https://openknowledge.worldbank.org/handle/10986/40596 |
work_keys_str_mv |
AT worldbank northmacedoniasystematiccountrydiagnosticupdate AT worldbank navigatingchallengesembracingopportunities |
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1787227186251431936 |