Developing Social Accounting Matrix for Macedonia: a challenge ahead

The Social Accounting Matrix (SAM), together with the SESAME approach, proved highly useful in providing the basis for in-depth analyses of all the socio-economic flows in the developed economies. The aim of this paper, after initial explanation of the theoretical foundations of these methods for th...

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Main Authors: Kjosev Sasho, Novkovska Blagica
Format: Article
Language:English
Published: Sciendo 2017-12-01
Series:Croatian Review of Economic, Business and Social Statistics
Subjects:
Online Access:https://doi.org/10.1515/crebss-2017-0006
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author Kjosev Sasho
Novkovska Blagica
author_facet Kjosev Sasho
Novkovska Blagica
author_sort Kjosev Sasho
collection DOAJ
description The Social Accounting Matrix (SAM), together with the SESAME approach, proved highly useful in providing the basis for in-depth analyses of all the socio-economic flows in the developed economies. The aim of this paper, after initial explanation of the theoretical foundations of these methods for the development analysis, is to contribute to raising the awareness of the urgent necessity for developing and implementing these methodological approaches in the Republic of Macedonia. Special attention is paid to the analysis of the current situation related to the readiness of the national statistical system to provide all the necessary statistical data and logistical support for a more efficient preparation and implementation of these methodological approaches in the national economy. The paper analyses in detail the data describing particularly important aspects of the position of workers on the labour market aimed to be used as a basis for the SESAME approach. A comparative analysis with reference to the EU countries has been performed. The paper concludes by presenting practical recommendations which should, in our opinion, lead to preparation and implementation of the SAM and its extension (SESAME) in the Republic of Macedonia. The named should be used for the successful decision-making process related to creation and implementation of efficient macroeconomic and development policies in the country.
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spelling doaj.art-6ed45bafda6c4a9ebd3183aefc7656132024-02-03T00:53:18ZengSciendoCroatian Review of Economic, Business and Social Statistics2459-56162017-12-0132101910.1515/crebss-2017-0006Developing Social Accounting Matrix for Macedonia: a challenge aheadKjosev Sasho0Novkovska Blagica1University “Ss. Cyril and Methodius”, Faculty of Economics, Skopje, Republic of MacedoniaUniversity of Tourism and Management, Faculty of Economics, Skopje, Republic of MacedoniaThe Social Accounting Matrix (SAM), together with the SESAME approach, proved highly useful in providing the basis for in-depth analyses of all the socio-economic flows in the developed economies. The aim of this paper, after initial explanation of the theoretical foundations of these methods for the development analysis, is to contribute to raising the awareness of the urgent necessity for developing and implementing these methodological approaches in the Republic of Macedonia. Special attention is paid to the analysis of the current situation related to the readiness of the national statistical system to provide all the necessary statistical data and logistical support for a more efficient preparation and implementation of these methodological approaches in the national economy. The paper analyses in detail the data describing particularly important aspects of the position of workers on the labour market aimed to be used as a basis for the SESAME approach. A comparative analysis with reference to the EU countries has been performed. The paper concludes by presenting practical recommendations which should, in our opinion, lead to preparation and implementation of the SAM and its extension (SESAME) in the Republic of Macedonia. The named should be used for the successful decision-making process related to creation and implementation of efficient macroeconomic and development policies in the country.https://doi.org/10.1515/crebss-2017-0006macedoniamacroeconomic policiessesamesocial accounting matrixsustainable developmentc54c55c82o21
spellingShingle Kjosev Sasho
Novkovska Blagica
Developing Social Accounting Matrix for Macedonia: a challenge ahead
Croatian Review of Economic, Business and Social Statistics
macedonia
macroeconomic policies
sesame
social accounting matrix
sustainable development
c54
c55
c82
o21
title Developing Social Accounting Matrix for Macedonia: a challenge ahead
title_full Developing Social Accounting Matrix for Macedonia: a challenge ahead
title_fullStr Developing Social Accounting Matrix for Macedonia: a challenge ahead
title_full_unstemmed Developing Social Accounting Matrix for Macedonia: a challenge ahead
title_short Developing Social Accounting Matrix for Macedonia: a challenge ahead
title_sort developing social accounting matrix for macedonia a challenge ahead
topic macedonia
macroeconomic policies
sesame
social accounting matrix
sustainable development
c54
c55
c82
o21
url https://doi.org/10.1515/crebss-2017-0006
work_keys_str_mv AT kjosevsasho developingsocialaccountingmatrixformacedoniaachallengeahead
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