Dagmar Petrušová – Alexander Dubček University in Trenčín, Faculty of Social and Economic Relations, Študentská 3, 91150
Trenčín, Slovakia

Katarína Kráľová – Alexander Dubček University in Trenčín, Faculty of Social and Economic Relations, Študentská 3, 91150
Trenčín, Slovakia

Jana Sochuľáková – Alexander Dubček University in Trenčín, Faculty of Social and Economic Relations, Študentská 3, 91150
Trenčín, Slovakia

DOI: https://doi.org/10.31410/EMAN.S.P.2020.25

4th International Scientific Conference – EMAN 2020 – Economics and Management: How to Cope With Disrupted Times, Online/Virtual, September 3, 2020, SELECTED PAPERS published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia; ISBN 978-86-80194-31-8, ISSN 2683-4510

Abstract:

Every country and its economy has undergone some historical development and is going
through it even nowadays, constantly evolving. Today, however, individual changes occur more frequently,
are dynamic and have a larger dimension. Technology has accelerated processes and information
exchange. The economies of states can no longer function in isolation, because we are at a time where
the division of labour is not only of European but also of global character. This work focuses on the development
of selected macroeconomic indicators, mainly employment and unemployment of two Slavic
states of Slovakia and Slovenia. The size of the area and the number of inhabitant’s ranks among the small
states of Europe, they have similar geographical and demographic conditions. However, the development
of the economy seems different, which is the subject of this paper. To compare the development of macroeconomic
variables of the above-mentioned states, the data were drawn from the published data of the
Statistical Office of the Slovak Republic, the Statistical Office of the Republic of Slovenia and Eurostat. To
evaluate the year-on-year changes in selected indicators, the relative indices were used.

Keywords:

Employment, Unemployment, Gross domestic product per capita, Average nominal wage.

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