Projects / Programmes
Economic Policy of Slovenia between membership in EU and entry into EMU
Code |
Science |
Field |
Subfield |
5.02.00 |
Social sciences |
Economics |
|
Code |
Science |
Field |
S180 |
Social sciences |
Economics, econometrics, economic theory, economic systems, economic policy |
monetary and fiscal system,exchange rate regime, tructure of budget,Labor market,immigration, brain-drain, financial markets, investments, energy market;
Researchers (8)
Organisations (1)
no. |
Code |
Research organisation |
City |
Registration number |
No. of publicationsNo. of publications |
1. |
0541 |
EIPF, Economic Institut |
Ljubljana |
5051452000 |
1,703 |
Abstract
"Economic policy of Slovenia between membership in EU and entry into EMU" is a continuation of three former projects dealing with optimal economic policies during transition of the Slovenian economy into a small open market economy and its gradual accession into EU; many decisions by the Bank of Slovenia and by the Ministry of Finance have been based on the analyses of these projects.
The project will deal with:
(1) economic policy of preparations for ERM2 and EMU and optimal solutions during the reduction of monetary policy flexibility accompanied by the weakining of the fiscal policy (restricted by fiscal convergence criteria, modified role of the custom administration, and characteristics of financial flows between EU budget and budget of Slovenia);
(2) implications of inflexible monetary and highly reduced controls of fiscal policy over public revenues and expenditures for real convergence which is based on higher than average economic growth and implies diferences in inflation, interest rates, structures of the budget, and budget deficit;
(3) effects of full liberalization of trade within EU and trade restrictions with other countries, determinants of investment activities and EU investment incentives;
(4) changes in the labor market (migrations of unskilled labor to and possible "brain-drain" from Slovenia), and financial markets, particularly in the stock exchange.