What advantages help to explain why Slovenia is the most prosperous country in Eastern Europe?

Answer 1

Well, Slovenia has close ties to Western Europe (which has overall been much more prosperous than its Eastern counterpart) which explains some economical prospering. However, I would not call Slovenia the most prosperous Eastern European country. For example, it has not experienced much prospering at all; its economy is currently growing at a rate of about 1% annually, one of the lowest in the world. Moldova is the most economically prospering nation in Eastern Europe, with about a 7% growth annually. Its population is also growing at one of the slowest rates in the world, about -0.2% annually; Albania is the fastest growing with a population growth rate of about 0.6%. Slovenia actually has the second largest average income in Eastern Europe, second to Greece. The only true reason you could argue that Slovenia is the most prosperous is because it is the most developed nation in Eastern Europe according to the UN's Human Development Index.