Divergence and Convergence in the Regional Development in Slovakia

Abstract

The concept and trends of regional development in Slovakia are analyzed in the article. Based on the analysis of data on key macro- and microeconomic, environmental and socio-demoFigureic indicators, differences within regions of Slovakia are singled out. The article describes the evolutionary features of regional development policy, its institutional framework and implementation mechanisms in the country. The call for action to ensure higher levels of financial autonomy on regional level is based on analysis of financial autonomy of regional units. The significant regional disparities within regions are still actual, despite considerable efforts done within cohesion policy.