This new book analyzes major changes that have been occurring in the business
environment in Slovakia and Central Europe for the last fifteen years, and
introduces the reader to a comprehensive understanding of this economically
challenging and rewarding region in Central Europe. This book is a
groundbreaking work, which displays strengths and realities making this region
highly unique and remarkable in the eyes of both scholars and investors.
The book before you is dedicated to the Slovak economy – a small open economy
of 5.3 million inhabitants and located in the middle of Europe – bringing
together a series of chapters covering specific aspects of this country,
giving detailed accounts of Slovakia as it joins the EU, thus offering logical
scrutiny of economic episodes emerged and developed in the recent past.
Readers will find thoughtful interpretations of what transpired in Slovakia
during the previous decade to the present. The novelty of the book concerns
the amount of information each chapter generates for the reader, as well as
offering effective tools for researchers debating these many issues, while
continuously investigating the most intriguing aspects of Slovak experience.
Our primary task has been to face up to the Slovak case under the provoking
perspective of how a small open economy emerges in the context of global
markets and strong interplay of economic forces. With this scope in mind, the
entire volume explores all aspects of Slovakia’s economy in a logical manner,
in which data, findings, points of view come and support the broadest
objective to stimulate critical thinking instead of simply recording facts.
This book presents a broader, more courageous interpretation of economic thinking and associated tasks of policy making. The reader will go far beyond traditional boundaries of economic thought and practice. While conceptualizing in broader manner, the fundamentals of economic and managerial thought in the context of today’s transformation process, it offers a genuine account regarding the pace of adaptation and change, in the wake of globalization’s latest phase. It asserts that knowledge management has become an essential component beyond previous assumptions, while complimenting and enhancing larger achievements at domestic and international levels. Increasingly, necessary managerial skill levels and ability, including enhanced leadership skills, effective communication, and capacities for knowledge mobilization, while enhancing ethical outcomes, help lead societies towards greater success amidst greater uncertainty.
