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Being multiethnic and multi-religious society should be considered a strong point for any society on earth. The Republic of Macedonia has had the “honor and challenge” of having a very heterogeneous population in terms of its ethic and religious composition. The demographic structure of the population in the country is very specific, since all religions can be found among all ethnic groups with the country. Although the country is divided alongside ethnic lines, such lines become very blur when it comes to religio...

The Republic of Macedonia, as one of the youngest countries in the world has been faced with many challenges and obstacles in its strives towards democracy, building of democratic institutions and above all establishing a functioning and generally acceptable democratic culture of mutual cooperation, trust, understanding and tolerance. Besides, being a country of many ethnicities, the Republic of Macedonia has a very characteristic religious landscape. Representatives of the three largest monotheistic religions, in...

The relation between fiscal deficit, growth of the amount of money, government expenditure and inflation, has taken an important place in the literature of monetary economy. This research will analyse the connection between the fiscal deficit and inflation in the Republic of Macedonia. The main objective of this research is to review the factors responsible for the growth of fiscal deficit in Macedonia, taking into consideration all the factors which may influence in the status of fiscal deficit. The research stat...