EURO MEMBERSHIP, FOREIGN BANKS AND CREDIT DEVELOPMENTS DURING THE FINANCIAL CRISIS IN SLOVAKIA: A CASE STUDY

Slovakia joined the euro area after a period of unprecedented real appreciation. The response to financial crisis combined internal devaluation with productivity increasing measures, including capital deepening in the banking sector. Although this strategy was successfully restoring an external equi...

Full description

Bibliographic Details
Main Authors: Jarko Fidrmuc, Andreas Wörgötter
Format: Article
Language:English
Published: Slovak University of Agriculture 2014-03-01
Series:Review of Agricultural and Applied Economics
Subjects:
Online Access:http://roaae.org/wp-content/uploads/2014/11/RAAE_1_2014_Fidrmuc_Worgotter.pdf