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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
-FDI
-Privatization
-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
Sources
http://www.ghemawat.com/Maps/ShowMaps.aspx?MapName=SVK
http://www.slovak-republic.org/attractions/
http://wikitravel.org/en/Slovakia
http://en.wikipedia.org/wiki/Slovakia
http://www.economist.com/node/11436628
http://atlas.media.mit.edu/profile/country/svk/
http://en.wikipedia.org/wiki/Economy_of_Slovakia
http://en.wikipedia.org/wiki/List_of_companies_of_Slovakia
http://en.wikipedia.org/wiki/List_of_sovereign_states_in_Europe_by_minimum_wage
"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
autoindustry
case of Sirava
Tatras


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