An OECD-analysis of the economic performance shows that the country experienced robust growth after independence and incomes increased steadily towards the EU average. This was facilitated by a skilled labour force and modern industrial relations. However, the crisis led to a drop in output that was one of the largest in the OECD and recovery has been slow. Interestingly income inequality is still one of the lowest in the OECD. The survey lists the reforms that have been introduced. The OECD-diagnosis and the recipes can be questioned: ‘These reforms will - if fully implemented - have a positive impact on growth. The labour market reforms, changes to the product market regulation and effects of pension reform on employment should boost GDP by 1% in five years and 2% in ten years compared to the baseline projection’.
English: http://www.oecd.org/eco/surveys/Slovenia-2015-overview.pdf
For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.