AmCham Macedonia recommends the following reading to those seeking a well rounded understanding of Macedonia’s business environment.
- The World Bank Group’s Doing Business 2018 Macedonia Profile
- Macedonia’s profile from the World Economic Forum’s 2016-17 Global Competitiveness Report
- CIA World Factbook link on Macedonia
- PWC’s Guide to Doing Business and Investing in Macedonia, 2016
- KPMG’s Investment in Macedonia 2017
Sources of additional information for potential investors:
- U.S. Census Bureau statistics on US-Macedonia trade
- Agency for Foreign Investments and Export Promotion of the Republic of Macedonia
- USAID’s Economic Growth and Trade-related work in Macedonia
- U.S. Embassy in Skopje’s business services and resources
Other reading relevant to U.S. investment in Europe overall:
The Case for Investing in Europe 2017, written by Joseph Quinlan, Senior Fellow at the Center for Transatlantic Relations, Johns Hopkins University, shows that Europe is still the world’s largest economy and continues to offer tremendous investment opportunities for American business.
Despite transatlantic political turbulence, the U.S. and Europe remain each other’s most important markets. No other commercial artery in the world is as integrated. Transatlantic gaps in growth, job creation and trade all narrowed in 2016. The transatlantic economy generates $5.5 trillion in total commercial sales a year and employs up to 15 million workers in mutually “onshored” jobs on both sides of the Atlantic. It is the largest and wealthiest market in the world, accounting for one-third of world GDP in terms of purchasing power. » Ties are particularly thick in foreign direct investment (FDI), portfolio investment, banking claims, trade and affiliate sales in goods and services, mutual R&D investment, patent cooperation, technology flows, digital trade, and sales of knowledge-intensive services.