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Slovakia is as meritocratic a country as Denmark

Slovakia is as meritocratic a country as Denmark, Norway and Finland, according to the Finance Ministry’s Fiscal Policy Institute. Slovak children with average earning parents have the same chance for above-average income as children in the above countries. Slovak children from the poorest families are an exception: they are in a poverty trap.

Workers who came to Bratislava from other Slovak regions earn 20-25% more compared to those born in Bratislava. This points at low labor mobility, as only those people with the best labor market prospects decide to move.

Táto správa je z Ekonomiky DNES, denného prehľadu najdôležitejších ekonomických správ zo Slovenska.

This news is from the Slovak Business News TODAY, one-page summary of all the important Slovak business news.

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