The Economic Development Of The Slovak Republic From Post Soviet Control To Present Day An Economic Analysis
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| Author | : John Peacock |
| Publisher | : GRIN Verlag |
| Total Pages | : 23 |
| Release | : 2017-05-24 |
| Genre | : Business & Economics |
| ISBN | : 3668453802 |
Seminar paper from the year 2015 in the subject Economics - Case Scenarios, grade: 1,3, University of Applied Sciences Berlin, language: English, abstract: This paper explores the economic development of the Slovak Republic from post-Soviet control to present day. The following paper explores the recent economic developments of the Slovak Republic, from its accession into the European Union in the early 2000s, throughout the European monetary crisis in the years 2008 - 2009 and finally reflects upon the country’s current economic state. In doing so, this paper analyzes the most relevant indicators of international and domestic economic well-being and describes some of the underlying factors for these developments. An analysis of the degree to which Slovakia has overcome the hardships imposed by the economic crisis is also presented. The analyses in this paper rely on statistical information available from public databases and, when applicable, consultation of expert literature for an interpretation of the data. When doing so, the author has attempted to provide data for comparison and context, generally with the average from the EU 27 states or of the other Visegrád Group members, when available. This paper only considers a limited number of indicators of economic well-being for these analyses: balance of payments, openness, foreign direct investment, government deficit and debt, inflation, economic growth, employment, and investment. As a result, some other economically relevant topics may be excluded which could provide an even better analysis of the problem. Social costs and other non-economic factors are entirely omitted from this paper although they play an important role in any country’s standard of living. Finally, it is important to note during the analysis of the developments in 2009 and the years afterward that all changes cannot be attributed to the European Debt Crisis as another important event occurred: Slovakia adopted the Euro as its national currency; an event that is often cited as causing initial inflation.
| Author | : John Peacock |
| Publisher | : GRIN Verlag |
| Total Pages | : 26 |
| Release | : 2017-05-24 |
| Genre | : Business & Economics |
| ISBN | : 3668453772 |
Seminar paper from the year 2017 in the subject Economics - Case Scenarios, grade: 1,3, University of Applied Sciences Berlin, course: The Economics of European Integration, language: English, abstract: An analysis of how and to which extent the Slovak Republic can deal with membership within an incomplete monetary union. This paper discusses the developments in the Slovak Republic in the context of its membership within a so-called incomplete monetary union, a construct as laid out by De Grauwe in the book "The Economics of Monetary Union". This paper relies on publicly accessible data and, to a lesser degree, expert literature. For many comparisons, the author draws comparisons with the Czech Republic due to its similar size, geographic location and economic position, with the key difference being the Czech Republic’s sovereign currency and the resulting means of independent monetary policy. Additional metrics are also compared to the results of the entire Eurozone and to the largest Eurozone economies of Germany and France. The goal of this paper is to determine to what degree the Slovak Republic benefits from membership within an incomplete monetary union and what steps can or have been taken in order to mitigate the risks of membership.
| Author | : Julius Horváth |
| Publisher | : Routledge |
| Total Pages | : 155 |
| Release | : 2021-12-29 |
| Genre | : Business & Economics |
| ISBN | : 0429514476 |
Slovakia has a rich and complex history, but until now there has not been a comprehensive analysis of the nation’s economic thought. This volume expertly fills this gap and traces the development of Slovak economic thought from the sixteenth century to the present day. Identifying key themes, moments, and thinkers, the chapters in this work consider the evolution of Slovak economic ideas and explores the nation’s place alongside other schools of thought. Significant coverage is given to the economists Gregorius Berzeviczy and Imrich Karvaš, as well as landmark periods such as the creation of Czechoslovakia, the World Wars, the Socialist regime, and post-Communist Slovakia. This book is of interest to advanced students and researchers of the history of economic thought, economic history, and political economy, as well as those with a specific interest in the history of Slovakia.
| Author | : International Monetary Fund. European Dept. |
| Publisher | : International Monetary Fund |
| Total Pages | : 44 |
| Release | : 2018-07-26 |
| Genre | : Business & Economics |
| ISBN | : 1484370945 |
This Selected Issues paper assesses Slovakia’s household and private sector indebtedness against macroeconomic fundamentals, identifies key vulnerabilities from rapid household credit growth, assesses policy responses to date, and presents further policy options. Strong private sector credit growth has persisted for over a decade and resulted in household debt that is high relative to peers. Credit is now growing in riskier segments. Housing prices have also started to reflect pressures from strong credit growth. The paper describes assessments of household and private sector debt levels relative to fundamentals. It also describes the policy response to date and assesses its effectiveness. Econometric analysis suggests that household indebtedness is growing at a faster pace than implied by economic fundamentals. The credit cycle seems to have reached its post-crisis high. The credit cyclogram, compiled by the National Bank of Slovakia, is an aggregation of a set of core and supplementary variables evaluated against distributions of their own historical values to disentangle factors cyclical credit growth.
| Author | : International Monetary Fund. European Dept. |
| Publisher | : International Monetary Fund |
| Total Pages | : 60 |
| Release | : 2019-07-12 |
| Genre | : Business & Economics |
| ISBN | : 1498325122 |
Leveraging its location and low-cost skilled labor, Slovakia has attained a very high level of integration with the global value chains, which has proved pivotal to exports growth and income convergence with the European Union. After half a decade of robust growth, the Slovak economy is decelerating. With rising trade tensions and a turning economic cycle, several vulnerabilities are coming to the fore. High dependence on exports combined with a concentrated export structure makes Slovakia particularly vulnerable to external developments. On the domestic front, a prolonged period of double-digit mortgage credit growth and declining bank profit margins have made households and the financial sector susceptible to labor and property market downturns.
| Author | : |
| Publisher | : World Bank Publications |
| Total Pages | : 208 |
| Release | : 2003-01-01 |
| Genre | : Political Science |
| ISBN | : 9780821355107 |
Annotation This study suggests an 11-point agenda for immediate policy action and a longer-term overhaul of major spending programs in the areas of education, health and social protection.
| Author | : Peter A. Toma |
| Publisher | : |
| Total Pages | : 476 |
| Release | : 2001 |
| Genre | : Business & Economics |
| ISBN | : |
"From medieval times to the current day, historical accounts of Slovakia and the Slovak people have often been either sketchy, romanticized versions of a pastoral society or nationalistic, exaggerated exaltations of the past. Now Slovakia: From Samo to Dzurinda at last offers a true history of the Slovak people without prejudice: their struggle for national identity, their aspirations for independence and economic development, and their ambition to become a democratic state. The product of painstaking research by the authors - one a naturalized American from Slovakia and the other a Slovak historian - this book is the definitive volume for readers in the English language who wish to acquire a more sophisticated understanding about past and present Slovakia." "From the seventh-century empire of Samo, the first Slav king, to the present-day struggle for democracy, the authors detail all the region's significant history. They examine the Slovaks' Slavic ancestors and the emergence of a modern Slovak nation, the postwar communist dictatorship and the "Prague Spring," the fall of socialism from the "Velvet Revolution" to the breakup of the Czechoslovak Federation, and the ongoing process of trying to establish democratic institutions in today's independent Slovakia." "All readers - regardless of their ethnic origin or political persuasion - will find that this factual and scholarly historical survey of the Slovaks and Slovakia offers an illuminating new perspective on a people whose history has often been clouded by the interests of those who wrote about them."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved
| Author | : International Monetary Fund |
| Publisher | : International Monetary Fund |
| Total Pages | : 63 |
| Release | : 2012-07-17 |
| Genre | : Business & Economics |
| ISBN | : 1475504977 |
Strong exports in the Slovak Republic supported a healthy economic expansion with real GDP growing 3.3 percent in 2011. The 2012 Article IV Consultation highlights that the robust performance of net exports offset the contraction in domestic demand amid fiscal consolidation and volatile consumer confidence. Executive Directors have commended the prudent macroeconomic policies and sound fundamentals that have underpinned a strong recovery for the Slovak economy. Directors have also supported the authorities’ consolidation strategy to achieve fiscal sustainability.
| Author | : Koloman Ivanička |
| Publisher | : |
| Total Pages | : 508 |
| Release | : 2010 |
| Genre | : Slovakia |
| ISBN | : 9788022528825 |
| Author | : Leszek Balcerowicz |
| Publisher | : Oxford University Press, USA |
| Total Pages | : 396 |
| Release | : 1995 |
| Genre | : Business & Economics |
| ISBN | : |
Socialism, Capitalism, Transformation reveals the mind of an academic who was not afraid to turn politician when the opportunity arose. In it, Leszek Balcerowicz, leader of the largest opposition party in Poland, former Deputy Prime Minister and Minister of Finance, summarizes some twenty years of research into the connections between economic and political institutions and human behaviour, institutional change, and the way such change occurs. Part I provides a comparative analysis of capitalist and socialist regimes, examining in particular the compatibility of different economic and political institutions and policies. In Part II Balcerowicz discusses institutional change, focusing on the post-communist transition in Central and Eastern Europe since the late 1980s. He deals with political and economic developments and looks at the interplay between them. Here he blends academic knowledge with the insight gained while holding a position of major government responsibility during Poland's period of 'extraordinary politics'. Part III contains writings on Poland's own economic transformation and related political developments. The final chapter consists of personal recollection of Poland's reforms - an insider's view of a pivotal phase in that country's history.
