Slovakia, Slovakia, Slovakia

Slovakia, Slovakia, Slovakia

Slovakia, Slovakia, Slovakiabr br It would appear that this little country in Europe holds the key to either economic disaster or economic enslavement. The entire country of Slovakia has a population of a little over four million people and a workforce of maybe two million people. These two million people are now being asked to shoulder the debt burden of $5 billion as their share of the European recovery program. That does not seem fair to me.br br This tiny country has a better GDP growth rate than the United States. It also has a population that is 99 literate. And I heard this morning, their tax rate is 19 for individuals and 19 for corporations, and the country is thriving in relative terms. Maybe we can all learn something from how this country is run.br br GDP (2010 est.): $88.4 billion.br GDP growth rate (2010): 4.0.br Nominal GDP per capita (2010): $16,288 (ING Bank).br Unemployment (2010): 13.5.br Consumer price inflation (2010): 1 (Ministry of Finance).br Public deficit (2010): 7.8 GDP.


User: INO.com

Views: 36

Uploaded: 2011-10-11

Duration: 18:20