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Republic of Slovakia an economic overview

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Republic of Slovakia an economic overview
Table of contents
1.

Introduction ..................................................................................................................................... 3

2.

Geography ....................................................................................................................................... 4

3.

History and recent economic history .............................................................................................. 8

4.

Slovak domestic economy ............................................................................................................. 12

5.

Slovak government ........................................................................................................................ 17

6.

Education ....................................................................................................................................... 21

7.

Demography .................................................................................................................................. 23

8.

Employment and unemployment ................................................................................................. 28

9.

Slovak international economic position ........................................................................................ 31

10.

Conclusion ................................................................................................................................. 38

11.

Sources ...................................................................................................................................... 39

2

1. Introduction
What do we know about the Slovak Republic? The least we can say is that this country is not a known one. The following little experiments are revealing. 1234

Slovakia does not host many tourists. Indeed, with
1,460,000.00 arrivals from other countries, the
Slovak Republic is the 88th biggest



References: Paper references BRYSON, P. (2010). The Economics of Centralism and Local Autonomy: Fiscal Decentralization in the  Czech and Slovak Republics, Palgrave Macmillan, New‐York.  CHASE  R.  (1996),  Baby  boom  or  bust?  Changing  fertility  in  post‐communist  Czech  republic  and  Slovakia, Yale University, New Haven.  DEAN, J., E. MUCHOVA and J. LISY (2014). «How Slovakia has kept the confidence fairy» in COSTA, A.‐ DELOITTE (2012). The Banking System in Central Europe,  Performance Overview : Slovakia,  Deloitte  Research Publications, London.  DETKEN, C., V. GASPAR and G. NOBLET (2005). The new EU member states: convergence and stability,  ECB publishing, Frankfurt.  DURIANOVA  M  (2007),  Aspects  of  the  euro  adoption  in  Slovakia  and  its  timing,  Reuters  Fellowship  Paper, Oxford University.  FIDRMUC J., KLEIN C., PRICE R. (2013), Slovakia: a catching up Euro member in and out of the crisis,  ISA, Bonn.   FREYSSON  L,  WAHRIG  L.  (2013),  The  level  of  government  expenditure  on  education  varies  between  Member States, Eurostat European Commission, Luxembourg.   HANUS M., KRIVOŠÍK L. (2011), “Slovakia : Has the Euro been worth it ?”, Týždeň, Bratislava.  HOSKOVA, A. (2001). Impact of foreign direct investment on the economy of Slovakia, National Bank  of Slovakia (NBS) publishing, Bratislava.  INSTITUTE  OF  INFORMATICS  AND  STATISTICS  (2002),  Population  projection  of  Slovakia  until  2050,  Akty, Bratislava  JAKUBIAK,  M.,  P.  KOLESAR,  I.  IZVORSKI  and  L.  KUREKOVA  (2008).  The  Automotive  Industry  in  the  JOHN,  GIUSTINIANI,  OGATA  (2013),  Slovak  Republic  2013  article  IV  consultation,  International  Monetary Fund, Washington D.C.  JUGMANN, J. and B. SAGEMANN (2011). Financial Crisis in Eastern Europe: Road to Recovery, Gabler  Verlag, Germany.  KISS Y., (1999)Regional and employment consequences of the defence industry transformation in East  Central Europe, Oxford University Press, Oxford.    KLEIN C. (2013), Investing Efficiently in Education and Active Labour Market Policies in Slovakia, OECD  Library  LESAKOVA,  L.  (2012).  Foreign  Direct  Investment  and  Transnational  Corporations  in  the  Economy  of  Slovakia, Matej Bel University publishing, Banska Bystrica.  LOPATKA J. (2011), Analysis ‐ Czechoslovakia: a currency split that worked, Reuters, Prague.  National Bank of  Slovakia (NBS) (2011). Analysis  of the  Slovak  Financial  Sector: year 2010,  National  Bank of Slovakia Publishing, Bratislava.  National Bank of  Slovakia (NBS) (2012). Analysis  of the  Slovak  Financial  Sector: year 2011,  National  Bank of Slovakia Publishing, Bratislava.  National Bank of  Slovakia (NBS) (2013). Analysis  of the  Slovak  Financial  Sector: year 2012,  National  Bank of Slovakia Publishing, Bratislava.  OECD (2009). OECD Economic Surveys: Slovak Republic, OECD publishing, Paris.  OECD (2010). OECD Economic Surveys: Slovak Republic, OECD publishing, Paris.  OECD (2011), Economic policy reforms 2011: going for growth, OECD publishing, Paris.  OECD (2011). «Regional economic disparities» in OECD, Regions at a Glance 2011, OECD Publishing,  Paris.  OECD (2011). «Regional economic disparities» in OECD, Regions at a Glance 2011, OECD Publishing,  Paris.  OECD (2012). OECD Economic Surveys: Slovak Republic, OECD publishing, Paris.  OKALI, I., H. GABRIELOVA, E. HLAVATY, K. MORVAY and R. OUTRATA (2003). Economic Development  of Slovakia in 2002, Institute of Slovak and World Economy, Bratislava.  POTANČOKOVÁ M., VAŇO B., PILINSKÁ V. (2008), Slovakia, fertility between tradition and modernity,  Demographic Research, Rostock.    SARIO  (Slovak  Investment  and  Trade  Development  Agency)  (2012).  Invest  in  Slovakia,  SARIO  Publishing, Bratislava.  SARIO  (Slovak  Investment  and  Trade  Development  Agency)  (2012).  The  Presov  Region,  SARIO  Publishing, Bratislava.  ŠUSTER M (2006), The effects of euro adoption on the Slovak Economy, National Bank of Slovakia, Bratislava   

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