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Europe’S Little Tiger?: Reassessing Economic Transition In Slovakia Under The Mečiar Government 1993-1998, David A. Wemer
Europe’S Little Tiger?: Reassessing Economic Transition In Slovakia Under The Mečiar Government 1993-1998, David A. Wemer
The Gettysburg Historical Journal
Vladimir Mečiar, the first Prime Minister of independent Slovakia, is often criticized for his suppression of free media, political repression, and the widespread corruption of his government from 1993-1998. Mečiar has also been attacked for his economic policies, which critics suggest slowed down privatization and left Slovakia in a huge debt crisis. A closer look at macroeconomic data, however, demonstrates an impressive economic record for Mečiar, who oversaw several years of strong GDP growth, and relatively low levels of unemployment and inflation. By slowing down the privatization process, retaining control of key industries, and maintaining the social safety net, Mečiar …