In an interview for MRTV, Blagica Petreski talks about current economic topics.

⚠️ ВThe second domestic risk for inflation is what pressure the general increase in wages and pensions will have on prices. A cost of living adjustment is fine, it just preserves the real purchasing power of the recipients, but any increase above that is a risk in an inflationary environment. It is legitimate what the unions demand that wages should rise significantly, and I #agree with that, but in the long run, more wages come with more #work and greater #skills, that is, all of this defines the #productivity of labor. We suffer from chronically low labor productivity and this is a major determinant of wage growth. Let’s have no doubt that any wage growth that exceeds productivity growth will only affect #prices in the long run, so the standard of living will not improve in real terms.

 

More: https://www.youtube.com/watch?v=G2coqh0KeeY

Two rankings for independent assessment of our work

⚠  At the end of 2️⃣0️⃣2️⃣3️⃣, a look at two #international rankings with an independent assessment of our work.

1️⃣ According to Webometrics, Finance Think is the fourth-ranked #research center in North Macedonia, the only #economic research center in this ranking, after the Macedonian Academy of Sciences and Arts, the Institute for Earthquake Engineering at UKIM and the Institute for Social and Human Sciences Skopje bit.ly/3TyVlaV

2️⃣ According to IDEAS/Repek at the Federal Bank of St. Louis – USA, Finance Think is the third-ranked institution in the group of ‘economic #faculties and #institutes’, after the Faculty of Economics at UKIM and the Faculty of Business Economics at UACS bit.ly/3RKs1N0

#EconomicResearch #ranking #FinanceThink

A review study presented at the conf. from the Aspen Institute Germany

🗣️ Productive discussions at the “Digitalization and Democracy” conference, which was organized by the Aspen Institute Germany and was held in Podgorica, Montenegro, December 10-13, 2023, with participants from the Western Balkans, Germany and other EU countries.

🖥️ Our Maria Bašeska addressed how technology and digitization can be key to #economic development, with lessons learned from our work in the domain of #parafiscal duties. Maria’s contribution is based on a review study that Finance Think prepared at the invitation of the Aspen Institute.

#aspen #digitalization #WesternBalkans