Slovakia Catching-Up Regions : Prešov Region - Key Development Dynamics

Though the European Union (EU) is a development conversion machine for national economies, it is less so for subnational regions. EU accession countries have been catching up to regional averages in terms of economic development since they joined t...

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Main Authors: World Bank Group, European Commission
Format: Report
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/293801549525274294/Prešov-Region-Key-Development-Dynamics
http://hdl.handle.net/10986/31252
id okr-10986-31252
recordtype oai_dc
spelling okr-10986-312522021-05-25T09:21:35Z Slovakia Catching-Up Regions : Prešov Region - Key Development Dynamics World Bank Group European Commission REGIONAL DEVELOPMENT LAGGING REGIONS DEVELOPMENT GAP INEQUALITY COMPARATIVE ADVANTAGE STRUCTURAL CONSTRAINTS STRUCTURAL TRANSFORMATION Though the European Union (EU) is a development conversion machine for national economies, it is less so for subnational regions. EU accession countries have been catching up to regional averages in terms of economic development since they joined the union. The economic success of the accession countries reduced disparities in national GDP per capita, but since 2005 both EU-wide and in most individual countries the gap between most- and least-developed subnational regions has been widening. This suggests that in accession countries growth, and its benefits are concentrated in a few regions, mostly large cities and national capitals, while many areas fall further behind. Slovakia illustrates the difference between national convergence and subnational divergence. While Slovakia is considered one of the EU’s economic stars, it also has some of the union’s highest regional disparities. Slovakia’s impressive economic gains over the last two decades were led by Bratislava region, which in 2016 became the sixth richest region in the EU by GDP per capita. On the other hand, Eastern Slovakia, which includes Prešov, is among the poorest regions in the EU. This report on the Prešov region of Slovakia, reviews patterns of regional development in Slovakia, discusses opportunities and challenges of the Prešov region, and recommends policy actions for the region. 2019-02-08T20:06:01Z 2019-02-08T20:06:01Z 2019-01-01 Report http://documents.worldbank.org/curated/en/293801549525274294/Prešov-Region-Key-Development-Dynamics http://hdl.handle.net/10986/31252 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Other Poverty Study Economic & Sector Work Europe and Central Asia Slovak Republic
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic REGIONAL DEVELOPMENT
LAGGING REGIONS
DEVELOPMENT GAP
INEQUALITY
COMPARATIVE ADVANTAGE
STRUCTURAL CONSTRAINTS
STRUCTURAL TRANSFORMATION
spellingShingle REGIONAL DEVELOPMENT
LAGGING REGIONS
DEVELOPMENT GAP
INEQUALITY
COMPARATIVE ADVANTAGE
STRUCTURAL CONSTRAINTS
STRUCTURAL TRANSFORMATION
World Bank Group
European Commission
Slovakia Catching-Up Regions : Prešov Region - Key Development Dynamics
geographic_facet Europe and Central Asia
Slovak Republic
description Though the European Union (EU) is a development conversion machine for national economies, it is less so for subnational regions. EU accession countries have been catching up to regional averages in terms of economic development since they joined the union. The economic success of the accession countries reduced disparities in national GDP per capita, but since 2005 both EU-wide and in most individual countries the gap between most- and least-developed subnational regions has been widening. This suggests that in accession countries growth, and its benefits are concentrated in a few regions, mostly large cities and national capitals, while many areas fall further behind. Slovakia illustrates the difference between national convergence and subnational divergence. While Slovakia is considered one of the EU’s economic stars, it also has some of the union’s highest regional disparities. Slovakia’s impressive economic gains over the last two decades were led by Bratislava region, which in 2016 became the sixth richest region in the EU by GDP per capita. On the other hand, Eastern Slovakia, which includes Prešov, is among the poorest regions in the EU. This report on the Prešov region of Slovakia, reviews patterns of regional development in Slovakia, discusses opportunities and challenges of the Prešov region, and recommends policy actions for the region.
format Report
author World Bank Group
European Commission
author_facet World Bank Group
European Commission
author_sort World Bank Group
title Slovakia Catching-Up Regions : Prešov Region - Key Development Dynamics
title_short Slovakia Catching-Up Regions : Prešov Region - Key Development Dynamics
title_full Slovakia Catching-Up Regions : Prešov Region - Key Development Dynamics
title_fullStr Slovakia Catching-Up Regions : Prešov Region - Key Development Dynamics
title_full_unstemmed Slovakia Catching-Up Regions : Prešov Region - Key Development Dynamics
title_sort slovakia catching-up regions : prešov region - key development dynamics
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/293801549525274294/Prešov-Region-Key-Development-Dynamics
http://hdl.handle.net/10986/31252
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