The financial wealth of Slovaks is calculated in about tens of thousands of euros, as a matter of fact, the wealth of Slovaks lies in the bricks of their houses. A house or a flat is a money-making property only for a very small number of Slovaks. Income from capital will push the inequality rate higher.
Project Infosecurity.sk organized by STRATPOL – Strategic Policy Institute and Slovak Security Policy Institute, supported by the Prague office of FNF, continuously monitors the activities of both Slovak and foreign disinformation actors, but focuses mainly on the former.
Large oil field, steel production capacity, or number of tractors produced do not make the company rich. The company grows rich thanks to skilled people in the right place, their excellent skills and ability to adapt to change. As Julian Simon used to say, the ultimate source of wealth is man.
The next five years will be crucial. Public finances should come out of huge deficits, and the lesson from the previous crisis is clear. Tax increases will never be temporary. Pulling the tax brake can serve as an additional “austerity” argument in the discussion on lowering the deficit.
Recent evaluation by Slovak security apparatus pointed at the risk posed by Chinese entities trying to gain access to certain crucial sectors in Slovakia. When looking at countries such as Czechia, the UK, or Australia, it is clearly visible that universities are a point of interest for Chinese entities.
When we talk about wages in Slovakia, we refer to gross wage. From an economic point of view, however, it is a fictitious value created by accountants. It represents an arbitrarily set point between the two key values: net wage and labor costs.
The Slovak agricultural sector suffers from several problems that hinder the competitiveness of farmers: complicated land ownership, due to which (young) farmers cannot access fields, an unpredictable business environment and bureaucracy and, last but not least, lack of investment in capital equipment.
The Slovak education system has a number of problems but the generally low teacher salary is not one of them. Those who claim the opposite refer to an international comparison: the share of teachers’ wages in wages of university-educated people.
Singapore ranked first in the 2020 edition of the Smart Cities Index, which aims to assess cities in terms of citizens’ needs. Bratislava ranked 76th out of 109 cities with a year-on-year improvement of 8 places.