Many challenges face the transition countries as the century comes to a close.  It will be important to watch these economies as they begin to rise above the already established economies of the West.  It will be important that Slovenia manage it’s inflation rate, keep interest rates at a stable level and insure that the Tolar remain at a controlled level.  All these factors will play a large role in determining successful public financial and monetary policy in the Republic of Slovenia.

[1]Http://soho.ios.com/`finsol/emregions/e-europe/slovenia.htm

[2] Golnik, Richard. “Calm & Safe Slovenia.”  Emerging Nations -Slovenia, June 1995.

[3] Slovenia was at one point a part of the Austro-Hungarian Empire and thus always had felt a strong historical and economic ties to the Western European countries.

[4]Ibid, p.4.

[5]Danforth, Kenneth. “Slovenia: Open markets in an open society.” Europe.  May 1996, no.356, p.22(3).

[6]Golnik, 1995, p.1.

[7]Mencinger, Joze. (1989)  The Yugoslav economy: Systemic changes, 1945-1986.  Pittsburgh, PA.: University of Pittsburgh Center for Russian and East European Studies. The Serbian/Bosnian/Croatian conflict was getting worse and the country was starting to fall apart.

[8] Http://soho.ios.com/`finsol/emregions/e-europe/slovenia.htm, p.4.

[9]Schneider, Jens. “Slovenia searches for Europe.”  World Press Review, Jan. 1993 Vol.40, No.1, p.42(1).

[10]Danforth, 1996, p.2.  and “Unimaginable only a few years ago, one of the six republics that once composed Yugoslavia is being praised in most Western capitals as the model for any ex-communist state aspiring to membership in NATO and the European Union.”

[11]EIU Country Report- 2nd Quarter. Slovenia.  The Economist Intelligence Unit Limited, 1996.

[12]Http://www.gzs.si/eng/slovenia/busPages/TRENDS/TREND_1.HTM and 5.HTM, Chamber of Economy of Slovenia 1996.

[13]Golnik, 1995, p.1.

[14]Chamber of Economy of Slovenia. “Slovenia’s Economic Trends.” 1996.

[15]EIU Country Report, 1996.

[16]Gow, James. (1994). "Slovenia: Stabilization or stagnation?" RFE-RL Research Report,  Jan. 7th, vol. 3, No. 1.

[17]Golnik, 1995, p.2.

[18]Http://www.new-europe.gr/profiles/slovenia.htm, p.3.

[19]Ibid., p.3.

[20]Bank of Slovenia. (1996). "General information on Slovenia."  Monthly Bulletin: April.

[21]Golnik, 1995.

[22]Price Waterhouse. (1996). "Privatization in Slovenia." Price Waterhouse. January 22.

[23]Ibid., 1996.

[24]EIU Country Report, 1996.

[25]EIU Country Report, 1996.

[26]EIU Country Report, 1996.

[27]Golnik, 1995, p.3.

[28]Markotich, Stan.(1996) "Slovenian Election Final." Open Media Research Institute.

[29]Markotich, Stan.(1996) "Slovenia’s former Communists say ‘No’ to NATO." Open Media Research Institute.

[30] The Economist. “Much to do: Slovenia.”  Nov. 2, 1996 vol.341 no.7990 p.51(2).

[31]Shortall, Fergal.  Slovenia: Birth of an Adriatic Tiger.  http://www.economics. tcd.ie/ser/1996/slovenia.htm.

[32]Chamber of the Economy of Slovenia, 1996.

[33]Shortall, 1996.

[34]Ibid., 1996.

[35]Ibid., 1996.

[36] Chamber of Economy of Slovenia. (1996) Exchange Rate and Monetary Policy. Http://www.gzs.si/eng/slovenia/busPages/Trends/Trend_4.HTM.

[37]Exchange Rates for Companies. Banka Slovenia. 1996.

[38]The Economist. (1996) "Creditable: Eastern European Finance." July 13, Vol.340, No. 7974, p.72.

[39]General Information on Slovenia. Banka Slovenia. May 1996

[40]Institutional Investor, March 1996.

[41]Markotich, Stan.(1996) "Slovenian Parliament Approves Draft Budget." Open Media Research Institute.

[42]Petrov, Sabina. (1995). "Parliamentary election accelerates the enactment of the Slovenian Budget."  Banka@ZSE.COM.HR.

[43]Ibid., p.1.

[44]Ibid., p.1.

[45]Http://www.odci.gov/cia/publications/95facts/si.html, p.7.

[46]Ibid., p.1.

[47] Slovenian National Constitution. Section- Public Finance. Adopted 1991.

[48] Adair, Robin. (1996). "Slovenia introduces Value-Added Tax as part of system reform." Transition Brief. No. 2 Winter.

[49]Deloitte & Touche LLP. (1996). "Slovenia." Taxation in Eastern Europe.  Http://www.dtonline.com/eeurope/slovenia.htm.

[50]Price Waterhouse. (1995). " Taxation- Introduction and Developments." Business Monitor. 4 September, p.2.

[51]Ibid.,p.4.

[52]Ibid., p.1.

[53]Deloitte & Touche, LLP, p.3.

[54]Ibid., p.2.

[55]Deloitte & Touche, LLP, 1996.

[56]Ibid. p.4.

[57]Ibid. p.4- Rates include 5% to 10% for building and other structures, 33.3% for most machinery and equipment( including vehicles), 50% for computer equipment, and 20% for goodwill.

[58]Ibid., 1996.

[59]Ibid., 1996.  Income tax is paid on personal income, income form agriculture, income from various activities, investment income, and income form property and property rights.  Personal income consists of salary income, pension income, or any other gross receipts of an employee, including fringe-benefits, value of gifts, accommodations or used cars for personal purposes. Income from property and property rights includes rental income, income from profit participation, interest income, and royalty income.

[60]Ibid., 1996.

[61]Ibid., 1996.

[62]Ibid., 1996.

[63]Ibid., 1996.

[64]Ibid., 1996.

[65]Ibid., 1996.

[66]Shortall, 1996.

[67]Tanovnik, Tine.  (1994). "The sale of the social housing stock in Slovenia: what happened and why."  Urban Studies. Nov. Vol. 31, No. 9, p.1559(12).

[68]Sendi, Richard.  (1995). "Housing reform and housing conflict: the privatization and denationalization of public housing in the Republic of Slovenia in practice."  International Journal of Urban and Regional Research. Sept. Vol.19, No. 3 p. 435 (12).

[69]Golnik, 1995, p.1.

[70]Golnik, 1995, p.1.

[71]Orlowski, Lucjan T.  (1995) "Social Safety Nets in Central Europe".  Comparative Economic Studies.  Vol. 37, No. 2 Pg. 29-48;  Summer, p.40.

[72]Business Report on Slovenia. (1996).

[73]Petrov, 1995. P.1.

[74]Business Report on Slovenia. (1996).

[75]Chamber of Economy of Slovenia. (1996). Demand and Employment.  Http://www.gzs.si/eng/slovenia/busPages/Trends/Trend_3.HTM

[76]Petrov, 1995. p.1.

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