Exploitation of quantitative methods for the assessment of regional performance of the Slovak economy

Abstract

Regional disparities in the EU regions have lately managed to become the interest of professional and lay public. Since 1989 the Slovak Economy has undergone the transformation process from centrally planned economy to market-oriented economy. Before 1989 Czechoslovakia belonged to the countries with the most reduced regional differences. However, this state lasted only based on the loss of competitiveness of subjects from the most developed country regions from the point of view of history. After 1989 there was the decrease of induced efforts for balancing the disparities to analogous differences at the level or regions. The article deals with the regional analysis of GDP at the level of Slovak regions (NUTS 3) by the means of quantitative methods. Its aim is to refer to possible solutions for ceasing the deepening of regional disparities and fulfilment of the aim of convergence criteria not only in the conditions of Slovakia but also in other regions of EU.