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World Bank: Slovenia must enhance its competitive capacities

Slovenia needs to enhance its capacity to compete abroad in preparation for joining the European Union. As a small open economy with exports and imports of goods and non-factor services accounting for over 50 percent of GDP each, its most important growth and development engine has been the capacity to export its products. This is the key point in the World Bank country study "Slovenia - Economic Transformation and EU Accession", presented Friday in Ljubljana. The study also underlines Slovenia needs to accelerate the structural reform agenda and generate sustainable growth to enhance competitiveness.

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