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Slovak Republic
The challenge for fiscal policy in Slovakia is to achieve fiscal consolidation in a way which supports
the fragile recovery and protects spending on areas which are important for re-embarking on a trajectory of
high trend growth and underpinning a catch-up in living standards.
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Is growth possible in all OECD regions? Evidence suggests that it is. This report argues that helping underdeveloped regions to catch up with more developed ones will have a positive impact on a country’s national growth overall, and that such growth helps to build a fairer society, in which no region’s citizens are left behind.
These country notes detail the fiscal situation to date, the consolidation needs, and the commitments and intentions of governments in 31 OECD countries in the aftermath of the economic crisis.
These country notes profile public sector human resource practices and policies, covering issues including legal frameworks; age and gender composition of workers; public sector restructuring; management practices; industrial relations and reforms.
These country notes provide detailed quantitative and qualitative information on functional urban areas in OECD members.
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These country notes provide detailed quantitative and qualitative information on regional performance, institutions and policy settings in OECD members. They include a description of the country's administrative structure, regional policies and the contribution of regions to national growth.
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These country notes detail the fiscal situation to date (2011), the consolidation needs, and the commitments and intentions of governments in 30 OECD countries in the aftermath of the economic crisis.
Raising efficiency in tax collection (notably VAT) is urgently needed, plans to unify the collection of tax and social security contributions should be implemented swiftly and drawing on EU funds needs to become more efficient.
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Euro Area entry calls for more fiscal flexibility to absorb cyclical shocks that cannot be dealt with by the common monetary policy. At the same time fiscal consolidation must not be put at risk, especially given rising ageing related costs.
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