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Positive and Negative Aspects of Globalization in Slovakia

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Matej Weck

on 5 November 2014

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Transcript of Positive and Negative Aspects of Globalization in Slovakia

Social and Economic Context of Globalization
Lecturer: Jakub Lepš
Pressented by: Matej Weck
Peter Kuik
Both: 3rd year, IER
Basic Info
Population: 5,5 million
Capital city: Bratislava
Government: Parliamentary Republic-Democratic
Currency: EURO
-part of the EU
-part of UN, WTO, NATO, Visegrád Group...
What was the trigger?!
-collapse of Soviet Union and the Communist block
-Washington Consensus model
-independent since 1993
-joints the EU...
Advantages of Globalization
-Free Trade
-International Business ( J&T group )
-Cultural expansion (Halloween, Christmas)
Obstacles vs the Triggers
-Slovak culture
-Food Consumption Politics
-National Interest
Positive and Negative Aspects of Globalization in Slovakia
Globalization and Slovakia
Improvement of Tourism thanks to Globalization
-Slovak "curiosity" and greed
-Aim for Modernization
-Relatively young country
-Post-Communist History
-currency EURO
"The Dark Side of Globalization"
EU membership raises labor cost
Slovakia minimal wage less then Greece
Labor movement (Germany)
Growth rate slows down to EU lvl. (Ex-com)
"The Gypsy Phenomenon"

Loss of Valuable Industries
agriculture (3%)
Bel Slovakia
U.S. Steel
case of Sirava

Culture & Tradition
Transfer of power to the EU level
Foreign currency
Bigger voice
Military support
Uneven Privatization
Full transcript