In the paper, we explain the logic and implementation of policy making in the last (landing) phase of the process of entering the EU and ERM2 in Slovenia. Basic characteristics of the performance of the economy at the start of the landing phase are described; special focus is given to the...

In this paper we investigate the export participation of Slovene firms. We first show that sunk costs are an important factor for explaining the export behavior of Slovene firms. Next we show that when the absorption power of the exporting market declines, firms still trade with their...