Scholarly record
INTERREGIONAL DISPARITIES IN THE SLOVAK AND CZECH REPUBLIC
Abstract
Slovakia and the Czech Republic used to be two parts of a country, after its split they both underwent their own individual economic and social development. Nowadays both countries utilize their economic potential in a different ways that is reflected in their overall level of economic development and is determined by economic development of their regions. Both countries have a common feature that is socio-economic disparities in the development of the regions in each country. The issue of regional disparities has become a topic discussed not only in Slovakia and the Czech Republic but also in other EU countries. The goal of the paper is to identify similarities or disparities in the development according to the analysed indicators in the Slovak and Czech regions in a given periods of time, time series. The methods of time series analysis, comparison and synthesis are deployed in the research. Gross domestic product is a key indicator of economic development and growth and it is an indicator of the efficiency of a country or a region. The economic development of a country and its regions is directly affected by the labour market situation and especially by the employment rate. The paper is aimed at monitoring the economic efficiency of the regions of Slovakia and the Czech Republic. We have selected and analysed indicators of gross domestic product per capita expressed in purchasing power parity and employment rate in selected Slovak and Czech regions. In the paper, a region is defined as a territorial unit meaning NUTS II. The period of time covers 2001-2012. The goal of the paper is to identify similarities or disparities in the development through indicators analysed in the regions. The methods of time series analysis, comparison and synthesis are deployed. The analyses, which have been carried out indicate, that the Czech Republic tends to mitigate a regional disparity mainly via unemployment, while Slovak disparities in both indicators have been becoming more extensive. This is caused by an over-development of Bratislava region, which has recorded the highest economic growth among all analysed regions.
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