Slovak Republic: 2018 Article IV Consultation-Press Release; Staff Report and Statement by the Executive Director for the Slovak Republic
International Monetary Fund. European Dept.
Jul 2018 · International Monetary Fund
Ebook
49
Pages
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About this ebook
The Slovak economy is enjoying consecutive years of favorable performance marked by robust real per capita GDP growth, record-low unemployment and sustained improvement in fiscal balances. However, shortages of skilled labor, and gaps in education and institutional quality pose risks to an already declining productivity growth. A decade-long double-digit mortgage lending growth has more than doubled household indebtedness relative to GDP, posing financial stability risks.
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