Analyza Konvergencie Slovenskej Ekonomiky

Translated title of the contribution: Convergence report on the Slovak economy

Frantisek Brocek, Tibor Lalinský

Research output: Book/ReportCommissioned report


Differences in the values ​​of indicators of the real economy EU countries are declining, but relative performance Slovakia is stagnating and relative productivity is year-on-year decreased. They suggest a more favorable post-catch development of catching-up only the values ​​of the alternative performance indicator which takes into account the standard of living of the population. Continues positive development of labor market indicators and unemployment is falling below historic lows. Slovakia however, it is one of the countries with large reserves in the field of efficient and productive use of labor force. Removing them could lead to higher growth labor productivity, which has been growing for the third year in a row slower than wages. Not only the most developed EU countries, but also some new member states can lead by example structural reforms for other EU countries. Slovakia on the contrary, it has moved lower in the rankings in recent years competitiveness and still has large reserves in the quality of institutions. Conditions for meeting the nominal convergence criteria for the introduction of the euro remain very favorable and Slovakia would, along with most others euro area countries met all the criteria.
Translated title of the contributionConvergence report on the Slovak economy
Original languageOther
Place of PublicationBratislava
Commissioning bodySlovak Central Bank
Number of pages65
Publication statusPublished - 31 Oct 2017


  • Slovak economy
  • performance indicators
  • convergence criteria


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