OECD Economic Surveys: Slovak Republic 2014

OECD's 2014 Economic Survey of the Slovak Republic examines recent economic developments, policies and prospects. Special chapters cover reforming the public sector and spurring growth in lagging regions.

Contents:

Basic statistics of the Slovak Republic, (2013) 7

Executive summary 9
-Main findings 10
-Key recommendations 11

Assessment and recommendations 13
-Short term economic challenges and fiscal policy 15
-Recommendations for continuing and refining fiscal consolidation 20
-Long term growth challenges 20
-Reforming the public sector 23
-Recommendations for reforming the public sector 30
-Spurring growth in lagging regions 30
-Recommendations for spurring growth in lagging regions 39
-Bibliography 39
-Annex. Progress in structural reforms 43

Chapter 1. Reforming the public sector 49
-Budget planning efficiency: Anchoring the budget process in longer-term perspective 50
-Allocative efficiency: Spending should address priorities more effectively 53
-Institutional efficiency: Reducing budget fragmentation and improving co-ordination 58
-Management efficiency: Modernising the public administration 62
-Economic efficiency: Reducing the burden on the private sector 69
-Recommendations for reforming the public sector 78
-Bibliography 79

Chapter 2. Spurring growth in lagging regions 83
-Developing a housing rental market 85
-Improving the employability of low-skilled workers by stepping up active labour market policies 91
-Aligning educational policies with employment objectives 98
-Improving transport and innovation infrastructures 103
-Making the most of EU funds 110
-Recommendations for spurring growth in lagging regions 113
-Bibliography 114

Website: OECD iLibrary http://www.oecd-ilibrary.org/

OECD: Economic surveys and country surveillance http://www.oecd.org/eco/surveys/economic-survey-slovak-republic.htm

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