Statistical Performances of Socio-Economic Development in Republic of North Macedonia

Authors

  • Kosta Sotiroski University St. Kliment Ohridski Bitola, Faculty of Economics Prilep
  • Margarita Janeska University St. Kliment Ohridski Bitola, Faculty of Economics Prilep
  • Dejan Zdraveski University St. Kliment Ohridski Bitola, Faculty of Economics Prilep
  • David Sotiroski University of Novi Sad, Faculty of Economics in Subotica

DOI:

https://doi.org/10.46541/978-86-7233-380-0_42

Keywords:

socio-economic development, indicators of socio- economic development, analysis of time series, statistical forecasting

Abstract

Socio - economic development is one of crucial components of sustainable development, or more correctly,
succesful designed socio-economic model support sustainable development. In that conclusion, statistical analysis is
necessary to be made on indicators with multidimensional character which reflect economic and social dimension of
sustainable development. According to these statistical performances these indicators are predicting expected values of
indicators in the future periods. These information are base for creating and development of the decision support
system in strategic management, or more precisely, management of this component of sustainable development.
Further, these information and information get from the comparative analysis in appropriate time series for indicators
which relate countries in EU and surrounding are support for undertaking corrective activities and creating business
development politics for successful realization of strategy of sustainable development.

Published

2020-10-08

How to Cite

Sotiroski, K., Janeska, M., Zdraveski, D., & Sotiroski, D. (2020). Statistical Performances of Socio-Economic Development in Republic of North Macedonia. International Scientific Conference Strategic Management and Decision Support Systems in Strategic Management. https://doi.org/10.46541/978-86-7233-380-0_42 (Original work published October 8, 2020)

Issue

2019: Proceedings of the 24th International Scientific Conference Strategic Management and Decision Support Systems in Strategic Management

Section

Articles