Slovak Republic: Selected Issues and Statistical Appendix

International Monetary Fund

No 2002/210, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; firm; liquidity constraint; current account deficit; Slovak firm; pension system; loss-making firm; Pension spending; Current account deficits; Pensions; Aging; Credit; Western Europe; Eastern Europe (search for similar items in EconPapers)
Pages: 100
Date: 2002-09-26
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Citations: View citations in EconPapers (2)

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