Slovak Republic : 2019 Article IV Consultation-Press Release; Staff Report.
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...
Autor Corporativo: | |
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Formato: | Revista |
Lenguaje: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
2019.
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Colección: | IMF Staff Country Reports; Country Report ;
No. 2019/220 |
Acceso en línea: | Full text available on IMF |
Sumario: | 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. |
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Notas: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
Descripción Física: | 1 online resource (60 pages) |
Formato: | Mode of access: Internet |
ISSN: | 1934-7685 |
Acceso: | Electronic access restricted to authorized BRAC University faculty, staff and students |