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...

This Selected Issues paper uses the case of the Slovak Republic to investigate how European Union (EU) countries can make optimal use of EU funds to reduce regional disparities. The findings suggest that high-quality government and a more educated population lead to better absorption of EU...