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The Importance of Macroeconomic Analysis of Regions in the Slovak Republic in the Context of Regional Development
Vladimír Hiadlovský
Petra Gundová
Abstract
In today’s rapidly changing world the representatives of the Slovak Republic's regions need exact macroeconomics analyses. We can even say that their importance is increasing. Why are there strong fluctuations in economic development? Why there are significant differences between regions of the Slovak Republic and what is the cause? If we want to know the answers, we must examine economic development of regions on more regular basis and in more detail. The importance of autonomous macroeconomic analysis of Slovak regions is that it is the source for identifying strengths and weaknesses of these regions. The aim of this article is to show the importance of macroeconomic analysis of Slovak regions in the context of regional development. The introduction of the article presents the theoretical apparatus of macroeconomic analysis. In the second part of the paper we present results of macroeconomic analysis of eight regions of the Slovak Republic; we focus on the level of regional GDP, foreign direct investment and the economic activity rate of the population.
Keywords:
macroeconomic analysis, regional GDP, foreign direct investment, economic activity rateMost read articles by the same author(s)
- Vladimír Hiadlovský, Ivana Šidová, Changes in Business Structure as a Factor Reflecting the Development of the Region , Regional Barometer. Analyses & Prognoses: Vol. 11 No. 3 (2013)
- Vladimír Hiadlovský, Lenka Hvolková, Economic Structure of Slovak Regions as a Significant Tool of Their Potential Development , Regional Barometer. Analyses & Prognoses: Vol. 11 No. 3 (2013)
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