Country Study, Slovenia: Winning the Transitional Economies Race

Also, Slovenia accounted for 20% of the country’s Gross Domestic Product.The VAT has already been introduced in 5 other transitional economies and it seems to be effective.EIU Country Report- 2nd Quarter. Slovenia. The Economist Intelligence Unit Limited, 1996.As of May 1996, Slovenia had the following Country Credit Ratings.EIU Country Report, 1996.Business Report on Slovenia.There are many reasons why the transition period for Slovenia has been successful.(See Appendix I) The country of 2 million people has a GDP of more than $18.5 billion.In 1995 Slovenia had $20.8 billion in foreign trade, goods and services.Slovenia’s international trade has been geared towards western Europe, especially Italy and Germany.