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Tatra Tiger

Definition

"Tatra Tiger" is a nickname that refers to the economy of Slovakia in period 2002 – 2007 and after 2010 following the ascendance of a right-wing coalition in September 2002 which engaged in a program of liberal economic reforms. The name "Tatra Tiger" derives from the local Tatra mountain range.

What is 'Tatra Tiger'

A nickname or colloquial term for the central European nation of Slovakia. It became known as the Tatra Tiger following economic growth rates that were among the highest in Europe in the first decade of the 21st century. Following its separation from the Czechosolovakia in 1993, Slovakia embarked on significant economic reforms that spurred growth, and enabled it to join the European Union in 2004. The term "Tatra Tiger" is derived from the Tatra mountain range that straddles the border between Slovakia and Poland.

Explaining 'Tatra Tiger'

Reforms ushered in by the Slovakian political coalition that assumed power in 1998 included the introduction of a flat 19% corporate tax, and deregulation of the labor market. Slovakia possesses several attributes common to the well-known Asian Tigers, such as economic stability, low costs and a well-trained workforce. In addition, with the nation's geographic location as an entry point into Europe enhancing its attraction for auto-manufacturing assembly lines, a number of global automobile manufacturers and ancillary suppliers set up factories in Slovakia. In 2005, the World Bank ranked Slovakia as one of the top 20 destinations for foreign direct investment.


Further Reading


Foreign Direct Investment in Slovakia: The Tatra Tiger Gone Tame?
link.springer.com [PDF]
… The Review of Economics and Statistics, 94(4), 964–980.CrossRefGoogle Scholar. Hausmann, R., Hwang, J., & … Journal of International Trade and Economic Development, 21(1), 83–113.CrossRefGoogle Scholar. Pogátsa, Z. (2009 … Tatra Tiger growth miracle or belated recovery …

Tatra Tiger growth miracle or belated recovery?Tatra Tiger growth miracle or belated recovery?
akjournals.com [PDF]
… The Review of Economics and Statistics, 94(4), 964–980.CrossRefGoogle Scholar. Hausmann, R., Hwang, J., & … Journal of International Trade and Economic Development, 21(1), 83–113.CrossRefGoogle Scholar. Pogátsa, Z. (2009 … Tatra Tiger growth miracle or belated recovery …

Vom Aschenputtel zum Tatra-TigerVom Aschenputtel zum Tatra-Tiger
othes.univie.ac.at [PDF]
… The Review of Economics and Statistics, 94(4), 964–980.CrossRefGoogle Scholar. Hausmann, R., Hwang, J., & … Journal of International Trade and Economic Development, 21(1), 83–113.CrossRefGoogle Scholar. Pogátsa, Z. (2009 … Tatra Tiger growth miracle or belated recovery …



Q&A About Tatra Tiger


Why are global automobile manufacturers attracted to Slovakia's geographic location?

As an entry point into Europe enhancing its attraction for auto-manufacturing assembly lines.

Where did the name come from?

The name came from the Tatra mountain range that straddles the border between Slovakia and Poland.

What is the nickname for Slovakia?

Tatra Tiger.

What reforms ushered in by Slovakian political coalition caused its economy to grow rapidly?

The flat 19 corporate tax, and deregulation of labor market.

When did Slovakia become known as a "Tatra Tiger"?

Following economic growth rates that were among the highest in Europe in the first decade of the 21st century, it became known as a "Tatra Tiger".

How does Slovakia possess several attributes common to Asian Tigers?

Economic stability, low costs and well-trained workforce.

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