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EN
The paper focuses on its characterization from two standpoints. In the first part, position of foreign controlled enterprises (FCE) is investigated in comparison with nationally controlled firms – domestic enterprises (DE). There are discovered all differences in the position of these firms in the economy as well as in their performance parameters, while particular attention is being devoted to manufacturing industry, where the foreign controlled firms occupy the key position. Apparently, majority of the domestic business sector consists of small and medium enterprises (SMEs). The second part of the paper deals with the SMEs in comparison with big enterprises. Attention is drawn also to methodical problems connected with acquisition of internationally comparable statistical data needed for both analyses.
EN
Substantial changes appeared within the approaches towards industrial policy over the last decade. The paper monitors changes in the EU in its initial parts. It is notable that an old conflict was mastered between the sector and horizontal approaches. Combination of horizontal measures and their implementation according to particular industries and their attributes results in a sort of matrix type of industrial policy. The industrial policy turns increasingly into the complex and systemic character. Key importance of knowledge and innovation for economic growth calls for actions facing specific problems connected with its creation, distribution and use in economic activities. Therefore, the second part of the paper pays special attention to the model of knowledge-oriented industrial policy. It deals with its theoretical background, the changes in the role of the state and with policy instruments.
EN
The paper briefly characterizes the results of the European surveys for 2004 on innovation performance and innovation policy with a special view on the position of Slovakia. Slovakia ranks among the five EU-25 countries with the lowest innovation performance. It lags behind mainly in the size of R&D expenditures, in share of the tertiary educated population, in the innovation activity and the patenting activity, which is also minimal. The essential reason of insufficient innovativeness of the Slovak economy results from the weak support for innovation activities on the side of economic policy. Since 2005 an eminent public interest in the given area has been declared, therefore a gradual improvement in innovation performance can be expected.
EN
The study is focused on defining the position of the Slovak economy in terms of its technology and knowledge intensity catching up with the EU countries' level. The differences between economies are quantified by a share of more or less technology and knowledge intensive segments on total employment, value added and foreign trade. Analysis indicated that Slovakia comparing with EU 15 markedly lags behind in the development of knowledge intensive services and henceforth it keeps a considerably higher share of low and medium-low tech industries; the most remarkable differences have been discovered in the share of high technology manufactures on exports. Therefore, supporting of technology catching up has to become an important part of fulfilling the convergence objectives of Slovakia.
EN
The main aim of this paper is to characterize the circumstances under which high economic growth, that was achieved in 2005, was reflected in the different segments of the supply side of the economy. The paper analyzes the development of GDP from the perspective of its branches, trends in the development of the main branches, changes in the financial positions of corporations. The last part of the paper focuses on the dynamics of the Slovak foreign trade, especially the changes in the technological competitiveness of this sector.
EN
The aim of this paper is to characterize the progress of changing position of the economic sectors, branches and situation on the labour market due to the influence of a huge economic growth. There is an analysis of the trends in GDP branch structure, labour market, production changes and foreign trade with focus on the changes in its technological intensity. The concluding part of the paper analyses changes in financial position of the corporations.
EN
The balanced positive development of the Slovak economy continued also in 2007 within the economic-political and institutional settings formed by reforms of the former governments. The present left-wing government introduced some slight corrections into the economy, in particular by strengthening the social dimension of using economic results. The positive trends in economic growth, macroeconomic stability and social situation of the population confirm that the corrections of economic reforms have only a partial character and they did not have any impact on the dynamics of the economy in 2007. The rapid economic growth was induced particularly by activities of the foreign investors. On the demand side, mainly growth of household and investment demand as well as growth of net export contributed to the economic growth. The paper deals also with development of production, external economic relations, labour market, monetary policy and public finance.
EN
In 2008, preservation of political stability in Slovakia was coupled with continuity in a quite satisfactory economic-policy framework's influence on the real economy. This has been reflected in GDP growth rate surpassing 6%, in the employment rate growing by 3.2% and real wages growth totalling to 3.3%, while at the same time Slovakia has managed to comply with all nominal convergence criteria, meeting the levels required for the Euro zone accession (from 1 January 2009). However, in consequence of the upcoming global economic crisis, the last quarter of 2008 brings a turnabout in the positive development trends also as regards the Slovak economy. Extremely open economy of the SR and its vulnerability to swings in the business cycle of the world economy eventuates in the fact that after an era of successful economic development in 2005 - 2008, the Slovak economy faces the most serious recession since its transformation depression (at the beginning of 90s) and that its recession will be one of the deepest among the EU countries, too. The article predicts GDP contraction by 6 - 7.5% in 2009, unemployment rate swelling to 11.2 - 12.5% and disinflation as a probable attendant phenomenon of the recession.
EN
The main features of the economic development of the Slovak Republic in the year 2004 are as following: strengthening of the quite respectable dynamic growth from the previous years; maintaining macro-economic stability above its average level being achieved in the whole period of the Slovak economy transformation. Positive features which are reflected not only in the values of macro-economic development indicators, but also in the improving results of corporations' business activities, are not sufficiently projected into a social situation of population.
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