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Slovak Republic Staff Report For The Article Iv Consultation
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Book Synopsis Slovak Republic by : International Monetary
Download or read book Slovak Republic written by International Monetary and published by International Monetary Fund. This book was released on 2022-06-30 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: Slovakia is highly vulnerable to the war in Ukraine, given its geographical proximity, heavy reliance on energy imports from Russia, and high integration into global value chains. The shock occurs against the backdrop of an incomplete recovery from the pandemic, with activity hampered by breakdowns in global supply chains and resurgent infection waves. Growth is projected to slow to 2.2 percent and inflation to surge to over 10 percent in 2022, with sizable downside risks amidst exceptionally large uncertainty.
Download or read book Slovak Republic written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :International Monetary Fund. European Dept. Publisher :International Monetary Fund ISBN 13 : Total Pages :65 pages Book Rating :4.4/5 (2 download)
Book Synopsis Slovak Republic by : International Monetary Fund. European Dept.
Download or read book Slovak Republic written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2024-03-13 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Slovak economy continued to grow in 2023, with a large fiscal expansion and the easing of pandemic-era supply chain disruptions offsetting headwinds from soaring food and energy prices. Inflation has declined from comparatively elevated levels in 2022 and early 2023 but remains among the highest in the euro area. Adverse demographic trends pose medium-term challenges for growth and fiscal sustainability.
Book Synopsis Slovak Republic, Staff Report for the ... Article IV Consultation by :
Download or read book Slovak Republic, Staff Report for the ... Article IV Consultation written by and published by . This book was released on 2003 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Slovak Republic by : International Monetary Fund
Download or read book Slovak Republic written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-09-14 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economy is emerging from a deep recession. The downturn has, however, exacerbated the unemployment problem. The authorities and IMF staff agreed that the recession represents a permanent loss of potential output and lower potential growth. Relatively sound fiscal policies in the pre-crisis period helped contain the deficit and bring down the public debt. The financial sector is weathering the global financial crisis generally well. Unemployment and its regional dispersion are a major concern. The share of workers with higher education is low.
Author :International Monetary Fund. European Dept. Publisher :International Monetary Fund ISBN 13 :1484370902 Total Pages :49 pages Book Rating :4.4/5 (843 download)
Book Synopsis Slovak Republic by : International Monetary Fund. European Dept.
Download or read book Slovak Republic written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2018-07-26 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 already declining productivity growth. A decade-long double-digit mortgage lending growth has more than doubled household indebtedness relative to GDP, posing financial stability risks.
Book Synopsis Slovak Republic, 2001 Article IV Consultation by :
Download or read book Slovak Republic, 2001 Article IV Consultation written by and published by . This book was released on 2001 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :International Monetary Fund. European Dept. Publisher :International Monetary Fund ISBN 13 :1498325130 Total Pages :60 pages Book Rating :4.4/5 (983 download)
Book Synopsis Slovak Republic by : International Monetary Fund. European Dept.
Download or read book Slovak Republic written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2019-07-12 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Slovak Republic: 2021 Article IV Consultation-Press Release; Staff Report by : International Monetary
Download or read book Slovak Republic: 2021 Article IV Consultation-Press Release; Staff Report written by International Monetary and published by International Monetary Fund. This book was released on 2021-06-21 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Slovak Republic faced the pandemic from a position of strength with fiscal space and comfortable banking sector buffers. Effective policy support, through measures aimed at preserving jobs, providing liquidity support, and ensuring credit supply, have limited the economic fallout. Output is expected to reach pre-crisis level before the end of 2021, but uncertainty is high.
Author :International Monetary Fund. European Dept. Publisher :International Monetary Fund ISBN 13 :1513588788 Total Pages :59 pages Book Rating :4.5/5 (135 download)
Book Synopsis Slovak Republic by : International Monetary Fund. European Dept.
Download or read book Slovak Republic written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2016-01-14 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2015 Article IV Consultation highlights that Slovakia remains among Europe’s stronger economies, with growth continuing to pick up in 2015, driven by strong domestic demand. A push to spend expiring European Union funds has underpinned rising investment while job creation and real wage growth have supported private consumption. Unemployment has fallen significantly since 2013, but is still about 11 percent overall, and is much higher for the long-term unemployed, youth, and women. The outlook is favorable with growth of 3–3.5 percent expected through the medium-term, reflecting sustained domestic demand as well as further contributions from the important export sector as substantial additional foreign auto sector investment is planned.
Author :International Monetary Fund. European Dept. Publisher :International Monetary Fund ISBN 13 :1498301452 Total Pages :59 pages Book Rating :4.4/5 (983 download)
Book Synopsis Slovak Republic by : International Monetary Fund. European Dept.
Download or read book Slovak Republic written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2014-09-02 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: After slowing in 2013, the Slovak economy is gathering momentum as the euro area and domestic demand recover, the latter complementing the strong export sector that has made Slovakia one of Europe’s more dynamic economies. Reducing still very high unemployment remains a key challenge, as does sustaining fiscal adjustment. Manageable public and private debt as 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 reasonably important export market, including for Slovakia’s trading partners.
Download or read book Slovak Republic written by Susan Schadler and published by . This book was released on 2006 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Slovak Republic by : International Monetary Fund
Download or read book Slovak Republic written by International Monetary Fund and published by International Monetary Fund. This book was released on 2012-07-17 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Slovak Republic by : International Monetary Fund
Download or read book Slovak Republic written by International Monetary Fund and published by International Monetary Fund. This book was released on 2002-09-26 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2002 Article IV Consultation highlights that after two years of subdued domestic activity, strong private domestic demand and expansionary fiscal policy in the Slovak Republic buoyed economic growth, which recovered to over 3 percent in 2001. Increased profitability, enterprise restructuring, and reduced corporate income tax boosted fixed investment. Rising real wages and employment, personal income tax reduction, and the redemption of National Property Fund bonds underpinned vigorous growth in private consumption. The general government deficit widened by a half percentage point of GDP to 4 percent of GDP in 2001.
Author :International Monetary Fund. European Dept. Publisher :International Monetary Fund ISBN 13 :1475587902 Total Pages :59 pages Book Rating :4.4/5 (755 download)
Book Synopsis Slovak Republic by : International Monetary Fund. European Dept.
Download or read book Slovak Republic written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2017-03-23 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: Slovakia is an economic success story. Sustained convergence since 1995 has lifted real per capita GDP to over 70 percent of the European Union average. The post-crisis recovery has been one of the most robust in Europe and GDP growth is projected to pick up further in the medium term, in part from additional foreign investment in the automotive industry. However, with regional disparities and aging pressures among the most severe in Europe, significant challenges remain. The banking sector also faces vulnerabilities from very high exposure to the real estate sector.
Book Synopsis Slovak Republic by : International Monetary Fund
Download or read book Slovak Republic written by International Monetary Fund and published by International Monetary Fund. This book was released on 2001-08-03 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: During 1996–98, the measured fiscal deficits have substantially underestimated the extent of the fiscal problem in Slovakia. Amid these signs of vulnerability, the present government has assumed office in October 1998, and embarked on policies to restore macroeconomic balances and lay the basis for sustainable economic growth. The fiscal tightening and developments in the nongovernment sector has led to a sharp fall in domestic demand in 1999, but a strong improvement in net trade performance partly offset their impact on aggregate demand.
Author :International Monetary Fund. European Dept. Publisher :International Monetary Fund ISBN 13 :1498326579 Total Pages :59 pages Book Rating :4.4/5 (983 download)
Book Synopsis Slovak Republic by : International Monetary Fund. European Dept.
Download or read book Slovak Republic written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2014-09-02 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: After slowing in 2013, the Slovak economy is gathering momentum as the euro area and domestic demand recover, the latter complementing the strong export sector that has made Slovakia one of Europe’s more dynamic economies. Reducing still very high unemployment remains a key challenge, as does sustaining fiscal adjustment. Manageable public and private debt as 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 reasonably important export market, including for Slovakia’s trading partners.
