View More View Less
  • 1 University of Western Hungary Faculty of Economics Erzsébet utca 9 H-9400 Sopron Hungary
Restricted access

Purchase article

USD  $25.00

1 year subscription (Individual Only)

USD  $700.00

The article agues that the much heralded Tatra Tiger phenomenon in Slovakia is much less of a miraculous growth and catch up story akin to the Asian Tigers or Ireland, and much more of a late economic recovery based on a radical opening to FDI and the reduction of the Slovak welfare state. It attempts to demonstrate how the low rate flat tax system had much less influence on this success story, and how the average Slovak citizen benefited less from it than it is usually assumed. It also aims to raise concerns about the sustainability of this model, as well as its applicability in other economies of the region.

  • Barto, Martin (2000): Banking Sector in the Slovak Republic. In: Marcincin, Anton — Beblavý, Miroslav: Economic Policy in Slovakia 1990–1999 . Bratislava: SFPA & INEKO 358–375.

    Barto M. , '', in Economic Policy in Slovakia 1990–1999 , (2000 ) -.

  • Beblavy, Miroslav: Slovakia’s Transition to a Market Economy. Unpublished manuscript.

  • Brook, Anne-Marie — Leibfritz, Willi (2005): Slovakia’s Introduction of a Flat Tax as Part of Wider Economic Reforms . OECD Economics Department Working Papers, No. 448.

  • Centre for European Reform (2001–2007): The Lisbon Scorecard I.–VII . Bruxelles: Centre for European Reform.

    '', in The Lisbon Scorecard I.–VII , (2001 ) -.

  • Daniel, Mitchell J. (2005): Eastern Europe’s Flat Tax Revolution. Tax Notes International , 989–990.

  • De Grauwe, Paul (2000): Economics of Monetary Union . Oxford: Oxford University Press.

    Grauwe P. , '', in Economics of Monetary Union , (2000 ) -.

  • Delgado, Juan (2006): Single Market Trails Home Bias. Bruegel Policy Briefings .

  • Dicken, Peter (2003): Global Shift — Reshaping the Global Economic Map in the 21st Century . London: SAGE.

    Dicken P. , '', in Global Shift — Reshaping the Global Economic Map in the 21st Century , (2003 ) -.

  • Dorgan, Sean (2006): How Ireland Became the Celtic Tiger . Dublin: The Heritage Foundation.

    Dorgan S. , '', in How Ireland Became the Celtic Tiger , (2006 ) -.

  • Drahokoupil, Jan (2008): Globalization and the State in Central and Eastern Europe: The Politics of Foreign Direct Investment . Basees: Routledge.

    Drahokoupil J. , '', in Globalization and the State in Central and Eastern Europe: The Politics of Foreign Direct Investment , (2008 ) -.

  • Duffy, David — Fitz Gerald, John — Kearney, Ide — Shortall, Fergal (1997): Medium-Term Review 1997–2003, No. 6, Forecasting Report. Economic and Social Research Institute (ESRI) , October.

  • EBRD (2009): Structural Indicators . London: EBRD.

    '', in Structural Indicators , (2009 ) -.

  • European Commission (2005): The Spidla Report — Report on the Functioning of the Transitional Arrangements Set out in the 2003 Accession Treaty . Brussels: EC.

    '', in The Spidla Report — Report on the Functioning of the Transitional Arrangements Set out in the 2003 Accession Treaty , (2005 ) -.

  • European Commission (2007): Key Data on Higher Education in Europe . Brussels: Education and Culture DG; Eurodyce; Eurostat.

    '', in Key Data on Higher Education in Europe , (2007 ) -.

  • Hall, Robert E. — Alvin, Rabushka (1983): Low Tax; Simple Tax; Flat Tax . New York: McGraw Hill.

    Alvin R. , '', in Low Tax; Simple Tax; Flat Tax , (1983 ) -.

  • Hall, Robert E. — Alvin, Rabushka (1985): The Flat Tax . Stanford: Hoover Institution Press.

    Alvin R. , '', in The Flat Tax , (1985 ) -.

  • Ivan, Miklos — Jakoby, Marek — Morvay, Karol (2005): Tax Reform in the Slovak Republic. CESifo DICE Report , 3: 53–60.

    Morvay K. , 'Tax Reform in the Slovak Republic ' (2005 ) 3 CESifo DICE Report : 53 -60.

  • Izsák, Dániel — Simon, Ernő (2008): Sereghajtóból éllovas [From last to first]. Figyelő , 2008 (July 3–9): 20–27.

  • Johnson, Chalmers Ashby (1982): MITI and the Japanese Miracle . Stanford University Press.

  • Jurajda, Stepan — Mathernova, Katarina (2004): How to Overhaul the Labor Market: Political Economy of Recent Czech and Slovak Reforms . Washington: The World Bank.

    Mathernova K. , '', in How to Overhaul the Labor Market: Political Economy of Recent Czech and Slovak Reforms , (2004 ) -.

  • Keen, Michael — Yitae, Kim — Varsano, Ricardo (2006): The “Flat Tax(es)”: Principles and Evidence . IMF Working Paper 06/218, Washington: International Monetary Fund.

    Varsano R. , '', in The “Flat Tax(es)”: Principles and Evidence , (2006 ) -.

  • Krajcir, Zdenko — Ludovit, Odor (2005): Prvy rok danovej reformy alebo 19% v akcii [The first year of tax reforms or 19% in action]. Bratislava: IFP.

    Ludovit O. , '', in Prvy rok danovej reformy alebo 19% v akcii , (2005 ) -.

  • Lammersen, Lothar — Schwager, Robert (2005): The Effective Tax Burden of Companies in European Regions . ZEW Economic Studies, Bd. 28, Mannheim.

  • Marcinčin, Anton (2000): Privatisation. In Marcinčin, Anton — Beblavý, Miroslav (eds.): Economic Policy in Slovakia 1990–99 . Bratislava: SFPA & INEKO.

    Marcinčin A. , '', in Economic Policy in Slovakia 1990–99 , (2000 ) -.

  • MESA10 (1998): Promises and Reality — Slovak Economy 1995–1998 . Bratislava: MESA10 Center for Economic and Social Analyis.

    '', in Promises and Reality — Slovak Economy 1995–1998 , (1998 ) -.

  • MESA10 (1999): From Common to Private, Ten Years of Privatisation in Slovakia . Bratislava: MESA10 Centre for Economic and Social Analysis.

    '', in From Common to Private, Ten Years of Privatisation in Slovakia , (1999 ) -.

  • Moerland, Pieter W. (1995): Alternative Dispciplinary Mechanisms in Different Corporate Systems. Journal of Economic Behaviour and Organisation , 26: 17–34.

    Moerland P. W. , 'Alternative Dispciplinary Mechanisms in Different Corporate Systems ' (1995 ) 26 Journal of Economic Behaviour and Organisation : 17 -34.

    • Search Google Scholar
  • MoLSAF (2003a): Návrh koncepcie reformy dôchodkového zabezpecenia v SR [Draft concept of pension security system reform in the Slovak Republic]. Bratislava: Ministry of Labor, Social Affairs and Family.

    '', in Návrh koncepcie reformy dôchodkového zabezpecenia v SR , (2003 ) -.

  • MoLSAF (2003b): Návrh stratégie podpory rastu zamestnanosti prostredníctvom zmien sociálneho systému a trhu práce [Draft strategy to support employment growth through the reform of the social support and labour market systems]. Bratislava: Ministry of Labor, Social Affairs and Family, Slovak Republic.

    '', in Návrh stratégie podpory rastu zamestnanosti prostredníctvom zmien sociálneho systému a trhu práce , (2003 ) -.

  • Moore, David (2005). Slovakia’s Tax and Welfare Reforms. IMF Working Paper 05/133 , Washington: International Monetary Fund.

    Moore D. , '', in IMF Working Paper 05/133 , (2005 ) -.

  • Murphy, Antoin E. (2000): The “Celtic Tiger” — An Analysis of Ireland’s Economic Growth Performance. EU Working Papers , Florence: European University Institute.

    Murphy A. E. , '', in EU Working Papers , (2000 ) -.

  • Myant, Martin (1989): The Rise and Fall of Czech Capitalism; Economic Development in the Czech Republic since 1989 . Cheltanham: Edward Elgar Publishing.

    Myant M. , '', in The Rise and Fall of Czech Capitalism; Economic Development in the Czech Republic since 1989 , (1989 ) -.

  • Myant, Martin (1993): Transforming Socialist Economie . Cheltanham: Edward Elgar Publishing.

    Myant M. , '', in Transforming Socialist Economie , (1993 ) -.

  • OECD (2009) Macroeconomic Database, Country Database: Slovakia.

    '', in Macroeconomic Database , (2009 ) -.

  • Sweeny, Paul (1999): The Celtic Tiger; Ireland’s Continuing Economic Miracle . Dublin: Oak Tree Press.

    Sweeny P. , '', in The Celtic Tiger; Ireland’s Continuing Economic Miracle , (1999 ) -.

  • Tóth, Jan (2000): Fiscal Policy. In: Marcincin, Anton — Beblavý, Miroslav (eds.): Economic Policy in Slovakia 1990–1999 . Bratislava: SFPA & INEKO.

    Tóth J. , '', in Economic Policy in Slovakia 1990–1999 , (2000 ) -.

  • UNCTAD (2007): World Investment Report 2007 . United Nations Conference on Trade and Development. Geneva.

  • World Bank (2005): The Quest for Equitable Growth in the Slovak Republic — A World Bank Living Standard Assessment . Washington: The World Bank.

    '', in The Quest for Equitable Growth in the Slovak Republic — A World Bank Living Standard Assessment , (2005 ) -.