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Slovak Government Measures for Automotive Exporters in Times of COVID-19 Crisis

  • The COVID-19 pandemic has led to an economic downturn in the Slovak Republic. To bridge corporate liquidity problems the Slovakian Government has introduced several support measures. The investigation discusses the effectiveness of the measures imposed. Based on theoretical foundations, the research question is empirically examined by using a qualitative expert survey. As the automotive industryThe COVID-19 pandemic has led to an economic downturn in the Slovak Republic. To bridge corporate liquidity problems the Slovakian Government has introduced several support measures. The investigation discusses the effectiveness of the measures imposed. Based on theoretical foundations, the research question is empirically examined by using a qualitative expert survey. As the automotive industry plays a leading role in Slovakia, the research conducted is oriented towards the financing phases, a typical automotive exporter is undergoing. As a result of the research, bridging loans and government grants were identified as the most important measures. Additionally, tendencies towards political recommendations for action were identified. The research explored, that the Slovakian Government should focus on meeting the short-term liquidity needs, boosting exports and promoting innovation as well as considering a support package for the automotive industry.show moreshow less

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Metadaten
Author:Marcel Bernhardt, Bianca Krämer
Year of Publication:2020
Pagenumber:16
Language:English
Tag:COVID-19; Corona; Crisis; Government Measures; Slovakia
DDC classes:300 Sozialwissenschaften / 380 Handel, Kommunikation, Verkehr
Series (Serial Number):IfTI Working Paper (11 (2020))
Advisor:Andreas Klasen, Thomas Baumgärtler
Document Type:Study Thesis
Acces Right:Frei zugänglich
Institutes:Hochschule Offenburg / Projekte / Government Measures in Times of COVID-19
SWB-ID:1727944410
Release Date:2020/08/27
Licence (German):License LogoEs gilt das UrhG
URN:urn:nbn:de:bsz:ofb1-opus4-41274