FACTORS THAT CONDITION THE LIVING STANDARDS - CONDITIONS AND TENDENCIES IN THE REPUBLIC OF MACEDONIA

Karadjova, Vera and Gogoski, Risto and Dicevska, Snezana (2012) FACTORS THAT CONDITION THE LIVING STANDARDS - CONDITIONS AND TENDENCIES IN THE REPUBLIC OF MACEDONIA. In: EDASOL2012 Economic Development and Standards of living, Banja Luka.

Text Karadjova-Gogoski-Diceska.doc Download (213kB)

Abstract

Living standards of the population is an important factor which conditions and depends on the level of the country’s development. This paper discusses the crucial factors which condition the level of living standard, having in mind the level of the country’s development, and the distribution policy as another important factor. GDP allocation by the expenditure principle of the GDP formation, i.e. in accordance to the so-called distribution by the purpose shall determine the part of personal (individual) consumption of citizens and households (C), part for firms and household's savings or investments (I), the government expenditures (G) and some part for export (eXport-iMport). This allocation that GDP "is apportionment" for specific needs in terms of the market economy is performed under impact and application of market principles, but with more or less, directly or indirectly influence of the state. This paper elaborates mutual relations among mentioned categories, social differences, the issue of poverty, with special emphasis on personal and public consumption as the core components of the living standards, with applied analysis of the conditions and tendencies of these categories in the Republic of Macedonia.

Key words: living standards, personal consumption, public consumption, poverty, distribution policy

JEL classification: E20

Item Type:	Conference or Workshop Item (Paper)
Subjects:	Scientific Fields (Frascati) > Social Sciences > Economics and Business
Divisions:	Faculty of Tourism and Hospitality
Depositing User:	Mr Bojan Sekulovski
Date Deposited:	08 Nov 2017 14:52
Last Modified:	08 Nov 2017 14:52
URI:	https://eprints.uklo.edu.mk/id/eprint/945

Actions (login required)

View Item