The boom year
The boom year

Author(s): Martin Vlachynský
Subject(s): Politics, Geography, Regional studies, Supranational / Global Economy, Labor relations, Economic policy, International relations/trade, EU-Accession / EU-DEvelopment
Published by: Research Center of the Slovak Foreign Policy Association (RC SFPA)
Keywords: Slovakia; world; economy; labor relations; foreign policy; EU; GDP; Visegrad;
Summary/Abstract: The year 2017 was supposed to be a dangerous one. There were elections planned in France, Germany and Catalonia. It was a key year for Brexit negotiations and the first year of President Donald Trump. Yet, it was a year of booming stock markets in United States, recovering economies across the EU, and a seemingly stabilized Chinese economy. At the peak, crypto-mania shook the world both of professional and hobby investors. The Visegrad Four has been not left out of this boom. In Slovakia, reports of new low-unemployment records became a standard part of monthly statistical reporting. The economy continues to grow, new investors keep coming, and the National Bank of Slovakia has been applying the brakes on the real estate market. However, it is not difficult to observe that there are several economic and political cans being kicked down the world’s street – especially in Europe.

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