Republic of Slovenia Selected Issues

This Selected Issues paper focuses on boosting productivity in Slovenia. Slovenia’s ageing population sets a constraint on the contribution of labor to gross domestic product in the end. Only achieve sustained increases in income and living standards can, therefore, through investment in physical an...

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Bibliographic Details
Corporate Author: International Monetary Fund European Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2024
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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300 |a 37 pages 
651 4 |a Slovenia, Republic of 
653 |a Cost 
653 |a Capital and Total Factor Productivity 
653 |a Production 
653 |a Industrial productivity 
653 |a Intangible Capital 
653 |a National accounts 
653 |a International organization 
653 |a Labor 
653 |a Education 
653 |a Macroeconomics: Production 
653 |a International institutions 
653 |a International Economics 
653 |a Macroeconomics 
653 |a Capacity 
653 |a Capital 
653 |a Income economics 
653 |a International Agreements and Observance 
653 |a International Organizations 
653 |a Investment 
653 |a Private investment 
653 |a Labour 
653 |a Productivity 
653 |a Monetary economics 
653 |a International agencies 
653 |a Total factor productivity 
653 |a Labor Force and Employment, Size, and Structure 
653 |a Labor force 
653 |a Saving and investment 
653 |a Education: General 
653 |a Investments: General 
653 |a Labor market 
653 |a Monetary policy 
653 |a Monetary Policy 
653 |a Money and Monetary Policy 
653 |a Production and Operations Management 
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520 |a This Selected Issues paper focuses on boosting productivity in Slovenia. Slovenia’s ageing population sets a constraint on the contribution of labor to gross domestic product in the end. Only achieve sustained increases in income and living standards can, therefore, through investment in physical and human capital and, more importantly, through enhancing productivity, historically the key growth driver. This paper summarizes historical trends in growth and productivity in Slovenia, examines the country’s strengths and weaknesses in terms of key factors affecting productivity identified in the literature. Since the scope for future labor contributions to growth in Slovenia is limited for demographic reasons—apart from further improvements to labor quality—the focus of economic growth policies should be on reinvigorating private investment, which has been low over the past decade, and pursuing labor and product market reforms that boost total factor productivity growth