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F.A. Hayek Foundation: Slovakia's competitiveness unimproved

In 2013, Slovakia's competitiveness neither improved nor worsened, according to the results of the annual Global Competitiveness Report 2013, published by the World Economic Forum (WEF). Slovakia ranked 47th of the total of 60 assessed countries, unchanged from 2012.

In 2013, Slovakia's competitiveness neither improved nor worsened, according to the results of the annual Global Competitiveness Report 2013, published by the World Economic Forum (WEF). Slovakia ranked 47th of the total of 60 assessed countries, unchanged from 2012.

"One of the reasons why we remained on the same spot is that we have not been able to implement any significant measures like other countries," said Matúš Pošvanc, director of the Slovak F.A. Hayek Foundation, on May 29, as quoted by the SITA newswire. Compared to its closest neighbours, Slovakia placed behind Poland, in 33rd position, and the Czech Republic, in 35th spot. This year, however, Slovakia outperformed Hungary, which ranked 50th.

"It is necessary to recall that Slovakia belonged among highly competitive countries (30th position) in 2007-2009, but failed to keep its position over the years," the foundation pointed out. "Current political representatives have not contributed in a remarkable manner to the higher competitiveness of the country, unlike the situation in other countries," Pošvanc said, in reference to Slovakia's fall in the ranking over recent years.

Source: SITA

Compiled by Zuzana Vilikovská from press reports
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