MIDTERM FORECAST OF SLOVAK ECONOMY FOR THE PERIOD 2010 - 2013 WITH OUTLOOK TO 2015

• Authors: Radvanský Marek , Pálenik Viliam , Slobodníková Soňa
• Languages of publication: EN

Abstracts

EN

Forecasting of future economic development quite a short time after the global economic crisis is more than a complicated task. The main uncertainty is linked to the process of recovery of the world economy from the crisis and the direction of governments' economic policies and their corresponding effectiveness. Nevertheless, it is necessary to develop such forecasts, to collect them and compare with different approaches of particular forecasting works. This article represents the approach of the team of the Institute of Economic Research, Slovak Academy of Sciences. Forecast is based on the econometric model B_IER SAS ECM 09q4 and is focused on the GDP and its components, the labour market and public budget revenues. The time horizon is limited to years 2010 and 2015 and continues two years beyond the end of the financial programming period of the EU.

Keywords

EN

ECONOMIC CRISIS; ECONOMIC FORECAST; FORECAST; GDP GROWTH; SLOVAK REPUBLIC; STATE BUDGET

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2010
• Volume: 58
• Issue: 6
• Pages: 614-634
• Document type: ARTICLE

Contributors

author

Radvanský Marek

• Institute of Eco-nomic Research, Slovak Academy of Sciences, Šancova 56, Bratislava 1, Slovak Republic

author

Pálenik Viliam

author

Slobodníková Soňa

• Marek Radvansky, Ekonomicky ustav SAV, Sancova 56, 811 05 Bratislava, Slovak Republic

Identifiers

CEJSH db identifier

11SKAAAA100926