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Article: Appraising Slovakia's EU accession.
- Article from:
- AgExporter
- Article date:
- July 1, 2004
- Author:
CopyrightCOPYRIGHT 2004 U.S. Department of Agriculture. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In 1989, Czechoslovakia regained its autonomy from Soviet authority and was briefly known as the Czech and Slovak Federal Republic. On Jan. 1, 1993, the Czech Republic and Slovakia became separate nations. Since then, Slovakia has mastered much of the difficult transition from a centrally planned to a modern market economy.
The Economic Terrain
In 2001-2003, the government made progress in macroeconomic stabilization and structural reform. Major privatizations are nearly complete, and foreign investment has picked up. Slovakia's economic growth has exceeded expectations in recent years, despite the general European slowdown. In 2002, Slovakia's GDP ...