Economic Analysis of the Slovak RepublicPaper Rating: Word Count: 3047 Approx Pages: 12
The task at hand, in this report, is to study available data and present economic analysis of Slovakia. The analysis will focus on economic issues such as the GDP (Gross Domestic Product), GDP growth rates, inflation and interest rates, unemployment rates, budget surpluses or deficits, public debt and etc. Also insides will be made in to the Current account of Slovakia. To be more precise the patterns of the exports and imports will be analysed. Another important element of the economic analysis, which will be covered, is the Foreign Direct Investment (FDI) and the impact it has on the country. The amount invested every year, the type of investment, the incentives of investing in Slovakia and the potential problems with investing in the country will all be of our interest.
The analysis will cover the economic performance of Slovakia in the last three years, the years 2000, 2001 and 2002. By the comparison of the economic performance in the last three years we are able to see how is the economy developing or declining as the entrance in the European Union is approaching. It was expected and known that Slovakia will enter the European Union some time soon, but this year in April the agreement was singed and a ye