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Leveraging its location and low-cost skilled labor, Slovakia has attained a very high level of integration with the … vulnerabilities are coming to the fore. High dependence on exports combined with a concentrated export structure makes Slovakia …
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The Slovak economy is enjoying consecutive years of favorable performance marked by robust real per capita GDP growth, record-low unemployment and sustained improvement in fiscal balances. However, shortages of skilled labor, and gaps in education and institutional quality pose risks to an...
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latter complementing the strong export sector that has made Slovakia one of Europe’s more dynamic economies. Reducing still … well as a sound banking system limit vulnerabilities, but Slovakia’s fortunes remain closely tied to external developments …, especially in the euro area, and there are risks from regional tensions since Russia provides much of Slovakia’s energy and is a …
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In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014394869
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...
Persistent link: https://www.econbiz.de/10014395504