The Economic Behavior of Municipalities During the COVID-19 Pandemic (Evidence from Slovakia)
The Economic Behavior of Municipalities During the COVID-19 Pandemic (Evidence from Slovakia)

Author(s): Lukáš Cíbik
Subject(s): Social Sciences
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: Economic response; Local self-government; COVID-19 pandemic; Slovakia
Summary/Abstract: The article presents a study of the economic response of local self-government to the COVID-19 pandemic in the Slovak Republic in 2022. The aim is to analyze changes in 10 economic indicators and their correlation with the pandemic. The research problem is to determine how local self-government in Slovakia economically adapted to the impacts of the COVID-19 pandemic in 2022. The research methodology includes analyzing ten economic indicators based on data from 2010-2022. Data were obtained through the study of budget documents, sources from INEKO, and the Ministry of Finance of the Slovak Republic. The results indicate that some economic indicators, such as total debt and current account balance, deteriorated, while others, such as liquidity, improved. These findings are presented in tables and graphs. The study concludes that the COVID-19 pandemic had a significant impact on the economic behavior of local self-government in Slovakia in 2022.

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