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Slovak Republic
2019
IMF Staff Country Reports
Leveraging its location and low-cost skilled labor, Slovakia has attained a very high level of integration with the global value chains, which has proved pivotal to exports growth and income convergence with the European Union. After half a decade of robust growth, the Slovak economy is decelerating. With rising trade tensions and a turning economic cycle, several vulnerabilities are coming to the fore. High dependence on exports combined with a concentrated export structure makes Slovakia
doi:10.5089/9781498325127.002
fatcat:7azoa6fbcbeyjeh7qdv4tvlaxq