Slovak Republic: Selected Issues and Statistical Appendix
September 26, 2002
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This Selected Issues paper and Statistical Appendix investigates the reasons for the large, recurrent external current account deficits in Slovakia, which are unusual by the current standards of other advanced transition economies. The paper examines the implications for external sustainability and reviews the causes of the widening in the external deficit from 2001. It discusses Slovakia’s competitiveness and estimates a range for the external current account deficit that could be sustainable in the medium term.
Subject: Aging, Balance of payments, Credit, Current account deficits, Expenditure, Labor, Money, Pension spending, Pensions, Population and demographics
Keywords: Aging, CR, Credit, current account deficit, Current account deficits, Eastern Europe, firm, ISCR, liquidity constraint, loss-making firm, Pension spending, pension system, Pensions, Slovak firm, Western Europe
Pages:
100
Volume:
2002
DOI:
Issue:
210
Series:
Country Report No. 2002/210
Stock No:
1SVKEA0042002
ISBN:
9781451835489
ISSN:
1934-7685
