Government actions lead Slovenia to recession
Into Work is Miha Jenko published the article with the above title. I mainly agree with him, although in my opinion would be a more appropriate title Step into a recession. By no means can I agree that the fall of gross domestic product (GDP) is surprising. I am firmly convinced that the fall of GDP in Slovenia was expected and that it was recognized by international institutions based on irresponsible government measures dr. Pigeon also predicted. What’s more, I am convinced that if there is no significant change in the economic and financial policy of this government, we should expect further fall of GDP.
I justify and build these forecasts in publications of many recognized international institutions. However, due to the limited space available to me, I will be in this answer by Mr. Jenko referred only to 2025 Index of Economic Freedompublished by the American Heritage foundation. This post records the following fall in the Index of Economic Freedom: 2020 – 67,8, 2021 – 68.3, 2022 – 70.5, 2023 – 68.5, 2024 – 65.9 and 2025 – 68.3. It is clear from this sequence that the index is at the time of the government led Janez Janšagrew and that during the government of dr. The pigeon is falling this index. With the index of 70.5 in the last year of the government of Janez Janša, Slovenia was ranked among countries with a free economy, and then under the government of Dr. The pigeon slipped back among countries with a partially free economy. This also results in the escape of some companies from Slovenia to neighboring countries, which can be read in Slovenian media.
The importance of the index of economic freedom, however, is that it is in close correlation with gross domestic product per capita, that is, with a living standard. The graph of this correlation can find an interested reader online if it types Index of Economic Freedom. It can also be convinced that the assessment of the economic freedom index consists of twelve components. For Slovenia, three are the worst related to the functioning of the government and its measures. Slovenia is estimated in the country’s spending section with 30.9, the next two are tax burdens with 56.6 and financial freedom with 50.0. It is evident that all these three sections are submitting and reflecting the economic and financial policy of the current government. Without significant improvement in these three indicators, there is no expecting GDP and improving the standard of living. Moreover, we are threatened with a recession or even a collapse of the Slovenian economy.
Based on the analysis presented, it follows that without a significant change in economic and financial policy, Slovenia will go not only to the recession but also into the economic crisis. This will result in a significant decline in the standard of living.
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prof. dr. Andrej Umek, Ljubljana.
The article is the opinion of the author and does not necessarily express the views of the editorial board.
