Title: Economic diplomacy of Slovakia in times of current economic crisis

Authors: Michal Polgár

Addresses: Faculty of International Relations, University of Economics in Bratislava, Dolnozemská cesta 1, 852 35 Bratislava, Slovak Republic

Abstract: The aim of this paper is to analyse and evaluate the current state of economic diplomacy in the Slovak Republic. The first part reviews its economic development since its independence until the global financial and economic crisis and selected current macroeconomic patterns are presented. Consequently, the Slovak perception of the concept of economic diplomacy in comparison to trade and commercial diplomacy is explained. The last part analyses the objectives, organisational structure, actors involved and their relationship, and assesses the model of the organisation of the economic diplomacy. The outputs are evaluated and the main challenges in the times of current economic crisis are identified in the conclusion.

Keywords: economic diplomacy; Slovak Republic; economic crises; economic development; macroeconomies; trade diplomacy; commercial diplomacy; Slovakia; global financial crisis; GFC; macroeconomic patterns; objectives; organisational structure; actors; output evaluation.

DOI: 10.1504/IJDIPE.2014.064804

International Journal of Diplomacy and Economy, 2014 Vol.2 No.3, pp.185 - 201

Published online: 15 Sep 2014 *

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