THE  EUROPEAN  UNION,  MODELS  OF  ECONOMIC  SYSTEMS AND  THE ZIGZAG  COURSE  OF  THE  SLOVAK  ECONOMY  TRANSFORMATION Cover Image

Európska únia, modely ekonomických systémov a zákruty transformácie slovenskej ekonomiky
THE EUROPEAN UNION, MODELS OF ECONOMIC SYSTEMS AND THE ZIGZAG COURSE OF THE SLOVAK ECONOMY TRANSFORMATION

Author(s): Ján Iša
Subject(s): Economy
Published by: Ekonomický ústav SAV a Prognostický ústav SAV

Summary/Abstract: Slovakia has been seeking solution of two really historical tasks, which are overlap-ping and are also inter-related. At one hand, there is our effort to join the European Union, at the other hand, there is the process of concluding the Slovak economy trans-formation. The objective of this article is to analyze prerequisites and chances of Slova-kia to enter the Union and to explain how is the solution of this task linked to the proc-ess of concluding the Slovak economy transformation. Since Slovakia is heading to-wards the European Union, the model of the European economic system (so called European mo-del) and its comparison with Anglo-Saxon or East Asian models is also analyzed. The European Union represents a highly integrated community and its economic power is currently fully comparable with the USA. The EU essentially have been influ-encing our economy and modifies our external economic environment. At present the position of the Union has been dependent upon two strategically significant processes – the institutional reform and further enlargement of the Community, which is in many aspects very different from the previous enlargement waves. One of the differences is that in the past the countries where the transformation process was not finished never had applied for the EU membership. For the first time, the readiness of Slovakia to access to the EU was evaluated under the Agenda 2000. The European Commission came to the conclusion that despite of the fact Slovakia accomplished major reforms necessary for the market economy, in 1997 did not fulfill the political conditions requested by the European Concil. The situation has substantially changed since that time and Helsinki summit decided Slovakia can be accep-ted for entry talks on readiness to access to the Union. So, chances of Slovakia improved even if the gap between the EU and the Slovak Republic has still remained rather big. The comparison of Slovak economy with the countries, which qualified for the entry ne-gotiations sooner, have testified that Slovakia is not any outsider and its lagging behind is not very big. However, in Slovakia when compared with the other countries, there were negative consequencies of lagging behind of the institutional re-form. The negative impact of subjectivism in the economic policy should also not to be ignored.

  • Issue Year: 48/2000
  • Issue No: 03
  • Page Range: 267-292
  • Page Count: 26
  • Language: Slovak