DIRECT FOREIGN INVESTMENTS AND THEIR EFFECT ON THE REGIONAL DISPARITIES IN SLOVAK REPUBLIC
DIRECT FOREIGN INVESTMENTS AND THEIR EFFECT ON THE REGIONAL DISPARITIES IN SLOVAK REPUBLIC
Author(s): Daniela Polubňáková, Radoslav Kožiak, Ľubica ŠvantnerováSubject(s): Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: regional disparities; regional policy; region NUTS 3; Slovak republic; foreign direct investments.
Summary/Abstract: Slovakia is characterized by significant regional disparities among particular regions at NUTS 2, as well as at NUTS 3 level. Disparities are given geographically, historically, culturally, by different economic development, ethnic structure, cultural and administrative centers. This effect is influenced by external cultural influences, by deliberate state interventions into regions (mainly before 1989), by rate of urbanization and industrialization. Significant disparities are in demographic development of inhabitants, for example the north and the east of Slovakia is typical with high population dynamics; on the other hand the south and the south-west of territory have adverse dynamics. Significant disparities are on education level, economic activity and social area, too. The instruments of European regional policy (structural funds) are used for their elimination or remission in the present. To the other instruments belong government grants and support for foreign and home investors by new investments into production, especially in regions with high level of unemployment.
Journal: Studia Universitatis Vasile Goldiş, Arad - Seria Ştiinţe Economice
- Issue Year: 19/2009
- Issue No: 1
- Page Range: 152-159
- Page Count: 8
- Language: English