Post-COVID Period in Slovakia: Measures and Results

Katarina Brockova () and Ludmila Lipkova ()
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Katarina Brockova: University of Economics
Ludmila Lipkova: University of Economics

Chapter Chapter 9 in Post-COVID Economic Revival, Volume I, 2021, pp 127-139 from Springer

Abstract: Abstract This chapter describes the situation of post-COVID situation in Slovakian economy. Slovak economy belongs to small economies with a dangerously high degree of openness. This means that economic growthgrowth is highly dependent on external factors. On the one hand, this fact can have a positive effect when the demand in the markets of the most important trading partners begins to increase. However, it is highly vulnerable in the event of negative changes. The Slovak Republic, as a member statestate of the European Union, enjoys all its advantages. In connection with the recoveryrecovery of the economies of the Member States of the European Union, it will use funds under the Recovery Plan. The governmentgovernment of the Slovak Republic wants to use the post-COVID era to eliminate many structural deficiencies, the sharpness of which manifested itself especially in 2020 and 2021, during the pandemic. The Slovak Republic wants to use the funds it receives from the European Union within the framework of five priorities, namely for the developmentdevelopment of the green economy, digital societysociety, health carehealth care development, support for educationeducation, science and innovationinnovation and public administrationpublic administration reform, justice, and the fight against corruption.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-83561-3_9

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DOI: 10.1007/978-3-030-83561-3_9

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