Brief Annual Report 2016 by Finance Think

FT Brief Annual Report 2016

Economic Research & Policy Institute c b=

a+ 1.

I/4

| –a

≥ a| | 2. = ne o c 11/ =

h = am egra 2 2) 9 G r + | t x -( -2 = pi = |4 in 1 ( 3 1 x | + - = 1/ 1 –a ) .. 23| -1 | -x . = ≥| (x . = 0 a − | h 1 + x | m B2 Topics 7 c –b | ≥ 3) b / m 2) a = 1 a a | / (n | b G + 9 (1 5 + x 2. 1 / dt a = 1 )B = ) ) = 1 + x+2 = 9 (n ne 1) x-1 r2 Employment 3 + ( Poverty, and Skills 2 -( -2 co + / 0 t x 1 B 1d -rt -1 -x = 1 0) π× a( d bh 1 n 8 x 1 b ) ( 8 5 ) 1 e m 24 23 /3 4 × Migration 1/ 58 84]8 ½ f) m and – |Remittances 82 52.002 88 x = (1 ( a 25 -3-822835 824E 8 = n | 8 ] = 2 G 8925 884U 452.002 8 88 12882458 3-2L o i and Women ,0 |a P id 48 35 /4 Social Entrepreneurship 13 52.002 t I 9A 82 4]82 m i844828 V 8 5 ≥ 4 4 2 a 5 8 18 P 28 58 -28 (0 | 13 4E 81 yr 3 82 = T ) 52.002 52.002 b t T p 28 489l 4i 4 1 V U 1388i48128 – Accountability Fiscal and Transparency ))Nd egra /-n OL 1 0 14 |a r 0 S t x in r3 AB 1t+( x(and 0,0 Gender Income Inequalities ( / 2 t 5 r r A r )) = 1 ) e = r L B rt2 f) x) = pi X I q n ) ( s i /3 XC + Impact to ma Policy h 2 (4 Creativity= 0 m ( ( 2 t r 99 al) Ga pi r sq r ( dx 3 teg t + x / r n 1 2 i e FtrOpinion ln Infographics = rt( x( )t C x q r h 9 b + *s ^ e = P =x) = ) Macro-monitor 1 2 ) Gifs ) / ( 3 2 9 ) C 1/ nf 2 a( x+ = i t ( ( r 2 m Graphometrics 1 sq Videos P= m l(0 -x = 1 e= | a a + 1 n r a G o -1 2 -x | g c e ( = Policy Briefs t t Interactive Charts = r x n sq -i a| * – | Journal Articles Web Visualizations /2 a= 0 -rt t2 1. r ≥ m e sq m r x f), a| a = | g = I ) to in /P 2. x 2 a( (0 0 9 m ) 00 , h m ral )= a 2 2 a| V=5 g 9 G te r + |b 4| -(x -2 = n pi | – i 1 ( 3 -x = 1 a| |+ 1/ 1 ) | . 1 3 x . x . 2 0 a( |≥ h= + |− x= b 2 m b B 7 c 2) = 1/ a– 3) am n / ( | b G 1 9 5 x 1+ dt a+ = 1/organizational higher )B more ) ) = 1 2 1 + x+ = 9 (n 1) xr2targeted 3 + (published by 2 -(growth + 2 1 0 t × d x )B -x = 1 π a( d1 e -rt products bh 1n 0 revenues b ) ( impact ) 1 x m × /3 4 m – | (½ nf) (1 Ex = a | 0 = U i G |a P id to AL ,00 m b

5 | |a V=

Our work in 2016

110100101010101 01010100101 0101001010101001101010 01010010101 110100101010101 110100101010101 01010100101 01010100101 0101001010101001101010 0101001010101001101010 01010010101 01010010101

46%

105%

85%

|b – |

00 5,

9 m h = m ) a 19 TV 2 2 9 G teg r + | V= 4| -(x -2 = appearances pi = | (in 3 11 x | + / a | = 1 1 -1 |– -x x) ... 23 = ( . = 0 a 2 blog plat− 1 + | x ≥ b| m bh B2 7 c ) – | ) / 2 forms = am |a /3 (n |a -1 9 b G 1 . + ( 5 + x 2 1 / a The public= B = 1 ) 1) 2) 9 e= n ) + -1 ( 2 + n 1 x r x discourse o = 3 + -( -2 c 0 × d2 t t ( x+ 1 1/ B0 ( 1 h on economic & -x = 1 0) π r a d b 1n 1 b ) )em social|issues × -1( 3) -x / 1/ 4 (1 (½ inf Ex = am a| – = = 50 daily posts U G c became more L . d 4 . i to m P ≥ | - awake VA * . PI/ Remittance-receiv0 ra ( | E y T ) T p 7 TV & radio V= – b n))Ndt ral ers no longer LU a g / O | e r-1 interviews 00 S right to 3 looseBthe 0 +(x int , r A 1 t 0 x( social assistancer2 =5 r(t r121 A media 1 )) e = r L = 2 i ) t B r ) f p X citations sq in a(x CI 3) o / X + 2 (4 0 t mm 2 h = ( ( t ) 9 a r l 9 G pi r sq ra ( g te t + xd /3 r n 1 2 i n e t t( = x( C xl r) Over 10 qr r h s 9 direct * e^ = 5 workshops P =x) = )b 1 + consultations 2 ) 450 mil. € ) / t ( 3 2 ) f / 9 ( + C )d (1 Eurobond,ma -in rt2 1 -(x -2 = = 0 q 1 = s P m (x -x = 1 July 2016 | al( + 1 ne r a 1 x Ga o 2 | gEconomic c e ( = t t r x 0 c - in debate became |= sq 0 a = 0 * h b |– 5, vivid /2 2 + a = |a| more 0 = 2 a r t 1. V r m = 2 economic pi |≥ sq mforums a 3 a | + g 1/ –a . | /PI = . 23| . | 2 . = Women from 2 0 1. + |− ≥ bh 7 Krushevo increase | ) / |a /3 - 1 79round their self-sustain(1 5 2. 1+ / = tables 1 )B = ) ability and income 1 2 CSOs increase + x+ = 9 (n ne 3 + by 35% -( -2 co / 0 skills for a 1 B h -1 -x = 1 0) 1 n 1 cost-benefit )b × ( 1 x / 3 / 4 1 (1 Ex = analysis by 74% = = U id /4 AL am PI r EV y

Impact a+

U OL

= inf ) x to 0 ( l) |b – | |a

00 5,

h 2 2 r | x+ i ( 4 p 2 = | + -x = /3 a| | 1 – | -x ... 23 = 0 − h 1. + x= ≥ | 2 b B 7 c ) | ) 2 1/ |a /3 (n b= G 1 . + 9 ( 5 + x 2 1 / Publications a B = Visualizations 1 = 1) 2) )= +Policymakers (n 2 + =9 ne 1 r x o 3 + -( -2 c + × 1 1/ B0 (x h -x = 1 0) π a d b 1 n 1 ) 4 Macro-Mnitor m -1( |b ½) -x /3 4 × 1/ 1 m – = ( ( in = = UE xCommunity Ga |a| Business L d 4 o 0 i / 3 Graphometrics ≥47 - P (0 t VA am 00 PI r | E Graphs T ) py UT – b n))Ndt ral L a g 3 Policy Briefs / | Inforgaraphs 00 SO xr-1 inte 12 ..c 0 B 3 + ( . , r Civil Society A 1t 0 ( * r2 =5 r(t r x A /2 4 FT Comments 1 =e r L = 4 B f) x)Videos pi X I n ) ( i C a 12 FT Opinions 4/3 X Domestic Media(0 to mm hGifs 1 ( = 2 99 al) Ga pi r 2 Policy Studies r (s g e Web Products 6 3 t t + / 1 e r x(in tt 4 Journal Articles t(2 = r ) Media CInternational d r q r and books bh + 1) *s P =x) = ) 1 2 x 3 )/ t( ( C 1/ 2 a( t t ( -in Embassies & r r m = 0 q = s ( e m | al r x f)P, + ne International r a Ga o 2 | g c Organizations c te ) =to in rt( n x= q = i ( | s b* –aa l)(0 9 m + | a| V=5 = 2 a / | = a m . a 0 2 ) r 2 rt m G1a teg | ≥ + =9 |= sbq | m All 4| a a -(x -2All n a – i – = | 1 g ( .GeneralP|Public I -x = 1 a . | / 0 2 1 ) | h= 1 1 2 x x ≥ b ≥ ( a ) | x= a| b m | /3 B2 c ) – 1 . m 2 ( 5 2 |a b= 1/ Ga = t + e x + x+ a on ) dFacebook = Web 3 -( c 1 / ) 1 1 x r2 -x ( Twitter 2 7.145d + t 1 × x 14.721 friends / -x π 1 a( d1 e -rt 2K tweets b unique E ) m = 15K visitors m LU – | (½visitors 4 f) a / A n | I 0 i G P |a P EV 00 to , T ≥ 5 0 U b| NdTt al)( OL V= – S ) r ) B n a r3 A eg r/-1 ...c |

Communication innovation a+

Sustainability

2013 = index 100

9 a ) + V ir o i| 4| x -(x -2 = t p = ( | 1 ( a 3 -x = 1 9 m l)–(a0| |+ 1/ 1 ) . 1 3 x = . a | m x Value per employee . 2 r a( 9 h= Ga teg 1. + |− 1000 x= b0 ≥ 2 m | b B 7 c 2) a–| (in = 1/ 3) am 900 n | / ( |a b a G 1 1 . + ) | 9 ( 800 5 + x 2 x 1 a B 1/ 2) = = a( 700 1) |≥ e b n )= 9 + m ( 2 + n 1 600 r x – 3 m -( -2 = co 0+ × d2 t t ( x+ 500 h 1/ |a 11 0)B ( 1 x π r a = 1(1n 400 b dt 1/1 )b × )d )em | 3 -x ) / (1 3004 (½ inf Ex = am a| – x-1 4 =Breakdown of expenses = U 200 G ( 2 L o id t d 100 ≥ | - P (0 t VA am rt100% PI/ r | E 0 Tt e 80% py l) UT a2015 –b n )Nd 2013 2014 2016 r L ) a /-1 teg O 0 0 | r 0 S 0 x 60% 0B r3 1t+( x(in 0,0 5,A ( 2 t 5 r A 40% V= r -r = =e r1 L = i ) c B Application approval rate 20% IX nf a(x) )..p. sq i * C 3 30% o / X 2 + t / m 0% h = ) ()4 2014 (2 2013 2015 2 2016 l)(0 am t 25% ) 9 r r 9 q G pi rt2 ra (s g 20% sqEmployees expenses e 3 t t + + Expenses attributable to activities 1/ 15% 2 n e r x(in ( t t = (2 r xl r) Administration expenses C q r h s b * ^ 10% 1 + x P =x) = d )e /2 ( 3) ) f x / ( C d+t 2 a 5% n in t2 (1 (x ) l r m = 1 - -x -2 = sq (0 -x P 0% m x l e 9 ( | a a = + r t e^ = G distributioncoofnactivities |a Thematic 2013 2014 2015 2016 2 -x g t e ( r 2) 9 t t x= + qr in x ), e |= Gender and s -(x -2 = a r * 1 income 12% Poverty, |– = -x = 1 = inf /2 inequalities 1 employment, 22% . ) a 0 2 1 x 1 skills rt ≥ (x 0 toof funding madistribution q = 0 | s Geographic m x ( 0 9 = |a gaamm ral) h = I . ) P 2 9 2 G Regional r2 2/ | teg x+ = |b ( 4 n pi 2 | – i 1 funding … 2% ( 3 -x = 1 Fiscal a| |+ 1/ 1 ) | . 1 3 x . accountability x . 2 a( |≥ + |− 29% x= b 2 m b B 7 c – m 2) + = 1/ a Migration and a a n ( | b Switzerland remittances 9 + xG 1+ dt a 30% B = 34% ) Domestic 1 International ) = 1) ) 9 (n 2 |– funding 1 x funding r = + ( . Social 2 + 0 1 × 49% entrepreneurship 11 0)B (x tt 1d -r49% Italy 11% h π a d b and women 1 n m Canada 2% × -1( |b ½) ) e 3) /3% m – 4 f (1 6%2. ( Hungary a n | 0 = i G a 0 Japan d o i ,0 0.4% ≥ | - P (0 t am 5 r | co = T ) b t py l V Nd a – ) r g /n) 0 |a ...c xr-1 inte 00 * + ( 2 ( = (1t

, h = |b +b 2 2) 9 a| V=5 – a r + | | -(x -2 = pi a| = |4 1 | 3 | + -x = 1 / ≥ a | 1 1 – -1 | -x ... 23 b| = . = 0 a( h 1 + |− x ≥ 2 m b B 7 c 2) a| t = 1/ 3) am n | d / ( | b G 1 . ) + 9 ( 5 + x 1 2 1 / a B = 1 1) 2) 9 e= )= + (n 2 + n 1 r x 3 + -( -2 = co × d2 t x+ 1 1/ B0 ( 1 h -x = 1 0) π a d e -r 1 b )b × ) 1(1n x m / | 3 0 / 1 4 (1 (½ inf) Ex = am a| – 00 = = U G 5, L o id /4 ≥ | - P (0 t VA FINANCE THINK am V= PI r | E T ) py Economic Research & ..c UT – b n))Ndt ral L *. a g / 0 Institute | 2 0Policy SO xr-1 inte )/ 0 B 3 + ( , r ) A 1t 0 ( 2) r2 =5 r(t r x A 1 L ir )=e ) = B f p X I n i1/2 a(x C Frederick Shopen 3) o / X + t m h 2 (4 0 = 1000 Skopje, Macedonia m ( ( 2 t x r l) Ga i r 99 sq xd ra p ( g + /3 rt inte 1 2 e ( t +389 2 6 156 168 ( t 9 r C r) = -x rx h= sq = b + * ^ = 9 e P x) ) 2 (1 )/ f) /3 1 C 1 n 2 a( i t ( info@financethink.mk -(x m = 0qr 11 = s ( P m l -x | a + ne r a Ga o 2 | g c te t( = r n www.finacethnik.mk q | -i *s –a | = 2 / a 0 t2 1. r ≥ m q | s m /FinanceThink |a ga I= . P r x f) 2 2/ = in x) to ( /company/finance-think a 0 c 9 m l)(0 = 00 , h = 5 | am egra 2 2) 9 = G r + |a V t |b 4| -(x -2 = n pi = | – i 1 ( 3 | | -x = 1 |+ 1/ 1 ) |a . 1 3 x . x . 2 = ≥ ( 0 a h + |− x= ≥ b| 2 m b B 7 c ) – | ) / m 2 a /3 (n |a -1 9 b= Ga + (1 5 + x dt a B1 1/ 2) = = ) = 1) 1 + x+ = 9 (n 1) xr2 3 + ( 2 -( -2 + / 0 t d x 1 1 )B -x = 1 π× a( d1 e -rt bh 1n 0 1b ) ( ) 1 x m | /3 4 × (1 (½ nf) Ex = am |– 0