Abstract:

The Slovak economy is for a long time dealing with the problem of capital intensity. It is lagging behind other developed countries with significant improvement since 2014. However, the spread of undercapitalization is selective to industries which are present in the economy since the era of socialism. New established industries are not dealing with this issue. Despite the lag behind other developed countries, the situation is relatively favourable when compared with other CEE countries. The difference in the structure of the fixed assets between Slovakia and other developed countries lies in lack of intellectual assets on expense of machines and other non-intellectual assets.