The positive and negative experiences of the World Economic Crisis should be used for
recomposing the world’s economic map. For many countries it is a sign for changing the
economic model if the country wants to keep up with the new world trends. Republic of
Macedonia is one of those countries. The inherited conditions and the required development of
the economy suggest the need to introduce a so called holistic approach in the creation of the
future economic model. In its basis, this model deals with the macroeconomic and financial
politics as well as with the process of creating new jobs. The main drivers of that model should
be small and medium enterprises (SMEs). The research will show why and how SME’s should
become spine of the future sustainable economic development. The expected results of
implementation of such model are increase of the number of employees, export and country’s
GDP