Slovak Republic: Selected Issues and Statistical Appendix

March 2, 2005

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Slovak Republic: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 2005) accessed November 24, 2024

Summary

This Selected Issues paper evaluates competitiveness in Slovakia and estimates the equilibrium real exchange rate path for the koruna. It takes stock of Slovakia’s growth performance over the past decade and assesses its growth potential over the medium term. It estimates the equilibrium real exchange rate appreciation in Slovakia using cross-section and time-series methods. The paper also presents production function estimates of potential output for Slovakia that imply sustainable rates of growth of 4.5–5.0 percent over the next five years.

Subject: Foreign exchange, Income tax systems, National accounts, Output gap, Personal income, Potential output, Production, Productivity, Real exchange rates

Keywords: Appreciation, Appreciation pressure, Central and Eastern Europe, Chapter III, CR, Eastern Europe, Europe, Growth performance, ISCR, Output gap, Personal income, Potential output, Productivity, Productivity differential, Productivity growth, Real exchange rates, Slovakia, Western Europe

Publication Details

Pages:

114
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/072
Stock No:

1SVKEA2005002
ISBN:

9781451835502
ISSN:

1934-7685

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