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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...
Persistent link: https://www.econbiz.de/10011919814
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...
Persistent link: https://www.econbiz.de/10011919817
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...
Persistent link: https://www.econbiz.de/10011691282
This 2017 Article IV Consultation highlights projected moderate 2016 real GDP growth in the Slovak Republic, but still at a robust 3.3 percent. Growth continues to benefit from an improving labor market, low inflation, and strong household credit growth. The output gap is now closed. Fiscal...
Persistent link: https://www.econbiz.de/10011691284