Country Notes from OECD Economic Policy Reforms: Going for growth 2011 presenting OECD recommendations for structural reform priorities for individual countries.
As in other catch-up countries inflation is likely to stay high going forward due to nominal convergence in Slovakia.
A characteristic feature of the Slovak housing market, and a consequence of the privatization programme initiated in the early 1990s, is the virtual absence of a private rental market.
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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This note, taken from Chapter 3 of Economic Policy Reforms: Going for Growth 2009, contains information about the progress in implementing reforms in line with the 2008 priorities for the Slovak Republic.
At a meeting with Slovak Economists, Mr. Gurría underlined that the OECD has developed a strategic response to deal with the current situation, while at the same time addressing the interaction between different policy actions in our economies.
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.
On the occasion of his official visit, Angel Gurría launched the Economic survey of Slovakia and met the President of the Slovak Republic, Mr. Ivan Gašparovič, and several government officials.
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Downloadable case study by Slovak Republic for the OECD publication "The Impact of Culture on Tourism".
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An EDRC seminar took place on 9 July 2008, focussing on the implications of euro adoption for inflation and interest rates in the Slovak Republic, based on the experience of existing euro area countries.