{"id":"https://openalex.org/W4312370020","doi":"https://doi.org/10.35120/kij4701101t","title":"BALANCE OF PAYMENTS AND ITS IMPACT ON THE MONETARY POLICY","display_name":"BALANCE OF PAYMENTS AND ITS IMPACT ON THE MONETARY POLICY","publication_year":2021,"publication_date":"2021-08-16","ids":{"openalex":"https://openalex.org/W4312370020","doi":"https://doi.org/10.35120/kij4701101t"},"language":"en","primary_location":{"id":"doi:10.35120/kij4701101t","doi":"https://doi.org/10.35120/kij4701101t","is_oa":true,"landing_page_url":"https://doi.org/10.35120/kij4701101t","pdf_url":null,"source":{"id":"https://openalex.org/S4306517486","display_name":"Knowledge International Journal","issn_l":"1857-923X","issn":["1857-923X","2545-4439"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["vabb-shw"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"KNOWLEDGE - International Journal","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://doi.org/10.35120/kij4701101t","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5042920071","display_name":"Pavle Trpeski","orcid":"https://orcid.org/0000-0002-9703-392X","observed_orcids":["https://orcid.org/0000-0002-9703-392X"]},"institutions":[{"id":"https://openalex.org/I4210132763","display_name":"Ministry of Internal Affairs","ror":"https://ror.org/03dkq2191","country_code":"MK","type":"government","lineage":["https://openalex.org/I4210132763"]}],"countries":["MK"],"is_corresponding":false,"raw_author_name":"Pavle Trpeski","raw_affiliation_strings":["Ministry of Interior, N. Macedonia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Ministry of Interior, N. Macedonia","institution_ids":["https://openalex.org/I4210132763"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5043112094","display_name":"Vesna Korunovska","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Vesna Korunovska","raw_affiliation_strings":["Macedonian Customs, N. Macedonia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Macedonian Customs, N. Macedonia","institution_ids":[]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5033958263","display_name":"Miodrag \u0160melcerovi\u0107","orcid":"https://orcid.org/0000-0003-3556-5776","observed_orcids":["https://orcid.org/0000-0003-3556-5776"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Miodrag Smelcerovic","raw_affiliation_strings":["IKM Skopje, N. Macedonia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"IKM Skopje, N. Macedonia","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":1,"citation_normalized_percentile":{"value":0.0,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":93},"biblio":{"volume":"47","issue":"1","first_page":"101","last_page":"105"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.8881999850273132,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.8881999850273132,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.09600000083446503,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.013700000010430813,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/balance-of-payments","display_name":"balance of payments","score":0.9990000128746033},{"id":"https://openalex.org/keywords/monetary-policy","display_name":"monetary policy","score":0.972000002861023},{"id":"https://openalex.org/keywords/exchange-rates","display_name":"exchange rates","score":0.8970000147819519},{"id":"https://openalex.org/keywords/real-exchange-rate","display_name":"real exchange rate","score":0.9449999928474426},{"id":"https://openalex.org/keywords/balance-of-payments-adjustment","display_name":"balance of payments adjustment","score":0.765999972820282},{"id":"https://openalex.org/keywords/exchange-rate-adjustment","display_name":"exchange rate adjustment","score":0.9330000281333923},{"id":"https://openalex.org/keywords/currency-devaluation","display_name":"currency devaluation","score":0.7860000133514404},{"id":"https://openalex.org/keywords/currency-control","display_name":"currency control","score":0.781000018119812},{"id":"https://openalex.org/keywords/foreign-exchange-reserves","display_name":"foreign exchange reserves","score":0.8069999814033508},{"id":"https://openalex.org/keywords/north-macedonia","display_name":"North Macedonia","score":0.574999988079071}],"concepts":[{"id":"https://openalex.org/C109948328","wikidata":"https://www.wikidata.org/wiki/Q140845","display_name":"Balance of payments","level":2,"score":0.8971443176269531},{"id":"https://openalex.org/C70455891","wikidata":"https://www.wikidata.org/wiki/Q220788","display_name":"Devaluation","level":3,"score":0.7917758226394653},{"id":"https://openalex.org/C2776988154","wikidata":"https://www.wikidata.org/wiki/Q66100","display_name":"Exchange rate","level":2,"score":0.7802222967147827},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6340686082839966},{"id":"https://openalex.org/C8112001","wikidata":"https://www.wikidata.org/wiki/Q161081","display_name":"Deflation","level":3,"score":0.5978555083274841},{"id":"https://openalex.org/C141121606","wikidata":"https://www.wikidata.org/wiki/Q8142","display_name":"Currency","level":2,"score":0.5707804560661316},{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.5390036106109619},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.5071301460266113},{"id":"https://openalex.org/C52092804","wikidata":"https://www.wikidata.org/wiki/Q56872446","display_name":"Current account","level":3,"score":0.50091552734375},{"id":"https://openalex.org/C168031717","wikidata":"https://www.wikidata.org/wiki/Q1530280","display_name":"Balance (ability)","level":2,"score":0.4252336621284485},{"id":"https://openalex.org/C18547055","wikidata":"https://www.wikidata.org/wiki/Q47417","display_name":"International economics","level":1,"score":0.34467604756355286},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.3392215371131897},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.31335926055908203},{"id":"https://openalex.org/C33332235","wikidata":"https://www.wikidata.org/wiki/Q18362","display_name":"Theoretical physics","level":1,"score":0.0},{"id":"https://openalex.org/C71924100","wikidata":"https://www.wikidata.org/wiki/Q11190","display_name":"Medicine","level":0,"score":0.0},{"id":"https://openalex.org/C99508421","wikidata":"https://www.wikidata.org/wiki/Q2678675","display_name":"Physical medicine and rehabilitation","level":1,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.35120/kij4701101t","doi":"https://doi.org/10.35120/kij4701101t","is_oa":true,"landing_page_url":"https://doi.org/10.35120/kij4701101t","pdf_url":null,"source":{"id":"https://openalex.org/S4306517486","display_name":"Knowledge International Journal","issn_l":"1857-923X","issn":["1857-923X","2545-4439"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["vabb-shw"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"KNOWLEDGE - International Journal","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.35120/kij4701101t","doi":"https://doi.org/10.35120/kij4701101t","is_oa":true,"landing_page_url":"https://doi.org/10.35120/kij4701101t","pdf_url":null,"source":{"id":"https://openalex.org/S4306517486","display_name":"Knowledge International Journal","issn_l":"1857-923X","issn":["1857-923X","2545-4439"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["vabb-shw"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"KNOWLEDGE - International Journal","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W3007561934","https://openalex.org/W4367852414","https://openalex.org/W110517816","https://openalex.org/W4402067512","https://openalex.org/W3005074005","https://openalex.org/W1976290822","https://openalex.org/W2483984350","https://openalex.org/W3198044340","https://openalex.org/W276019736","https://openalex.org/W2023768489"],"abstract_inverted_index":{"The":[0,138,199],"paper":[1,161],"monitors":[2],"the":[3,8,15,18,22,32,35,39,57,107,110,116,142,149,154,160,165,169,175,186,193,221,231],"balance":[4,40,58,62,91,117,143,150,170,191],"of":[5,10,17,26,34,41,59,80,92,118,120,126,136,144,151,159,168,171],"payments":[6,42,60,93,119,152,172],"in":[7,61,124,163,220],"Republic":[9],"North":[11],"Macedonia,":[12],"which":[13,90],"determines":[14],"amount":[16],"exchange":[19,36,45,50,52,68,84,113,139,155,176],"rate":[20,37,53,114,140,177],"through":[21],"supply":[23],"and":[24,73,76,82,102,115,174],"demand":[25],"foreign":[27,67,83],"currency,":[28],"as":[29,31,146,148,179,181],"well":[30,147,180],"impact":[33],"on":[38],"movements.":[43],"Real":[44],"rates":[46],"are":[47,86],"essentially":[48],"equilibrium":[49,195],"rates.":[51],"that":[54,214,223],"will":[55],"keep":[56],"without":[63,70,77],"taking":[64],"measures":[65],"for":[66],"control,":[69],"pronounced":[71],"inflation":[72],"deflationary":[74],"tendencies":[75],"constant":[78],"expectation":[79],"monetary":[81],"reserves.There":[85],"several":[87],"methods":[88],"by":[89,97,99,103],"can":[94],"be":[95],"established:":[96],"devaluation,":[98],"currency":[100,112],"control":[101],"deflation.":[104],"When":[105],"considering":[106],"relationship":[108],"between":[109],"national":[111,122],"a":[121,229,234],"economy":[123],"terms":[125],"their":[127,133,182],"interconnections,":[128],"one":[129],"should":[130],"depart":[131],"from":[132],"causal":[134],"link":[135],"impacts.":[137],"affects":[141,153],"payments,":[145],"rate.The":[156],"first":[157],"part":[158],"elaborates":[162],"detail":[164],"key":[166],"activities":[167],"adjustment":[173,187,201,212,225],"adjustment,":[178],"mutual":[183],"impact.We":[184],"use":[185],"mechanism":[188],"to":[189,217,227,237],"restore":[190],"once":[192],"initial":[194],"has":[196,211],"been":[197],"disturbed.":[198],"payment":[200],"process":[202],"takes":[203],"two":[204],"different":[205],"forms.":[206],"One,":[207],"under":[208],"certain":[209],"conditions,":[210],"factors":[213],"automatically":[215],"contribute":[216],"balancing.":[218],"Second,":[219],"event":[222],"automatic":[224],"fails":[226],"strike":[228],"balance,":[230],"government":[232],"adopts":[233],"discretionary":[235],"policy":[236],"achieve":[238],"this":[239],"goal":[240]},"counts_by_year":[{"year":2025,"cited_by_count":1}],"updated_date":"2026-09-21T07:43:02.447757","created_date":"2023-01-04T00:00:00"}
