Long abstract

Policy Brief: Economic Survey of Slovenia, 2009

Slovenia has achieved a significant economic catch-up toward the OECD average GDP per capita without creating any major imbalances. This catch-up has been set back by the financial turmoil, which poses immediate challenges to economic policy to support the financial sector and economic activity in general. Beyond the crisis, the main goal for policymakers must be to restore sustainable growth within the euro area. Regarding these issues, this Survey makes the following recommendations:

Policy measures to support economic activity in the short term should not put fiscal sustainability and real convergence at risk.

Achieving fiscal sustainability requires pursuing structural reforms even during bad times.

Pension reform is also one of the key measures to increase labour participation.

The business environment needs to be enhanced to foster productivity growth.

An easy-to-read series to help understand the economic and social issues high on everyone's agenda, from economic growth to health, pensions, trade and development.