Slovak Republic: 2018 Article IV Consultation-Press Release; Staff Report and Statement by the Executive Director for the Slovak Republic

July 26, 2018

Preview Citation

Format: Chicago

Slovak Republic: 2018 Article IV Consultation-Press Release; Staff Report and Statement by the Executive Director for the Slovak Republic, (USA: International Monetary Fund, 2018) accessed November 8, 2024

Summary

The Slovak economy is enjoying consecutive years of favorable performance marked by robust real per capita GDP growth, record-low unemployment and sustained improvement in fiscal balances. However, shortages of skilled labor, and gaps in education and institutional quality pose risks to an already declining productivity growth. A decade-long double-digit mortgage lending growth has more than doubled household indebtedness relative to GDP, posing financial stability risks.

Subject: Credit, Education, Labor, Labor markets, Labor shortages, Money, Wages

Keywords: Banking sector, CR, Credit, EU membership, Europe, Global, Government, Holding, Hospital personnel, IMF staff projection, ISCR, Labor markets, Labor shortages, Liability positions vis-à-vis nonresident, Prudent policy, Slovakia, Tax administration authority, Value chain, Wages

Publication Details

Pages:

49
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2018/241
Stock No:

1SVKEA2018001
ISBN:

9781484370896
ISSN:

1934-7685

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