Slovak Republic: Selected Issues and Statistical Appendix

International Monetary Fund

No 2005/072, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper evaluates competitiveness in Slovakia and estimates the equilibrium real exchange rate path for the koruna. It takes stock of Slovakia’s growth performance over the past decade and assesses its growth potential over the medium term. It estimates the equilibrium real exchange rate appreciation in Slovakia using cross-section and time-series methods. The paper also presents production function estimates of potential output for Slovakia that imply sustainable rates of growth of 4.5–5.0 percent over the next five years.

Keywords: ISCR; CR; appreciation; Slovakia; appreciation pressure; growth performance; chapter III; productivity differential; productivity growth; Potential output; Productivity; Output gap; Real exchange rates; Personal income; Western Europe; Eastern Europe; Central and Eastern Europe; Europe (search for similar items in EconPapers)
Pages: 114
Date: 2005-03-02
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Citations: View citations in EconPapers (2)

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