The Economic Behavior of Municipalities During the COVID-19 Pandemic (Evidence from Slovakia)

Lukáš Cibik – University of Ss. Cyril and Methodius in Trava, Faculty of Social Sciences, Institute of Political Sciences and Public Administration, Bueianska 4A, 917 01, Trava, Slovakia

Abstract: The article presents a study of the economic response of local self-gov- ernment to the COVID-19 pandemic in the Slovak Republic in 2022. The aim is to analyze changes in 10 economic indicators and their correlation with the pandemic. The research problem is to determine how local self-government in Slovakia economically adapted to the impacts of the COVID-19 pandemic in 2022. The research methodology includes analyzing ten economic indicators based on data from 2010-2022. Data were obtained through the study of budget documents, sources from INEKO, and the Ministry of Finance of the Slovak Repub- lic. The results indicate that some economic indicators, such as total debt and current account balance, deteriorated, while others, such as liquidity, improved. These findings are presented in tables and graphs. The study concludes that the COVID-19 pandemic had a significant impact on the economic behavior of local self-government in Slovakia in 2022.

10th International Scientific Conference ERAZ 2024 – Conference Proceedings: KNOWLEDGE BASED SUSTAINABLE DEVELOPMENT,  hybrid – online, virtually and in person, Lisbon, Portugal, June 6, 2024

ERAZ Conference Proceedings published by: Association of Economists and Managers of the Balkans – Belgrade, Serbia

ERAZ conference partners: Faculty of Logistics, University of Maribor, Maribor (Slovenia); University of National and World Economy – UNWE, Sofia (Bulgaria); Center for Political Research and Documentation (KEPET), Research Laboratory of the Department of Political Science of University of Crete (Greece); Institute of Public Finance – Zagreb (Croatia); Faculty of Tourism and Hospitality Ohrid, University of St. Kliment Ohridski from Bitola (North Macedonia)

ERAZ Conference 2024 Conference Proceedings: ISBN 978-86-80194-86-8, ISSN 2683-5568,

DOI: https://doi.org/10.31410/ERAZ.2024

Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission. 

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