Dávid Bořuta
Jul 2, 2024
Future Slovakia Forum calls for structural change as IMD data places Slovakia 59th out of 67 countries in global competitiveness
Slovakia's Competitiveness in Global Context: The Case for Urgent Reforms
In a detailed commentary for Týždeň magazine, Dávid Bořuta, executive director of Future Slovakia Forum (FSF), analyzes the findings of the latest IMD World Competitiveness Rankings, where Slovakia ranked 59th out of 67 countries. The article identifies structural weaknesses in Slovakia's economic performance, government efficiency, business practices, and infrastructure. It highlights the need for comprehensive reforms, particularly in education, innovation, investment climate, and public sector governance.
Bořuta argues that financial incentives alone will not improve Slovakia’s attractiveness. Instead, systemic changes and institutional restructuring are essential to reverse brain drain, strengthen investor confidence, and ensure long-term prosperity. Drawing on IMD’s methodology, the article serves as a mirror for Slovak policymakers and the public, offering data-driven insights and practical recommendations.
FSF continues its mission of fostering fact-based dialogue and evidence-based reform, reinforcing Slovakia’s path toward competitiveness and sustainable development.
Read the full article (in Slovak) on .týždeň here ⬇️ :