Institute for Economic Research

Ljubljana, Slovenia



The Institute for Economic Research (IER) is an autonomous research organisation with a long tradition in the field of macroeconomic and microeconomic analysis. In the beginning of the 1990s, the European integration process and the growing awareness of the importance of entrepreneurship gave rise to research and consulting activities in the fields of international competitiveness, strategic planning, organizational and financial restructuring of enterprises, feasibility studies etc.

The Institute has developed a wide range of international research and consulting activities as well as contacts. Since 1994 the Institute has been an institutional member of EADI (European Association of Development and Training Institutes) with headquarters in Bonn. Contract research and consulting was established with the World Bank, EU, UNIDO and OECD. The cooperation in research and consulting projects like PHARE-ACE, PHARE-CONSENSUS, PHARE-CBC, PHARE-PARTNERSHIP, COST and INCO-COPERNICUS enabled the Institute to become part of the West and East European networks of research organizations, such as: IMD International - Institute for Management Development, WEF - World Economic Forum, ICEG - International Centre for Economic Growth, NISPAcee - Network of Institutions and Schools of Public Administration in Central and Eastern Europe, and WAITRO - World Association of Industrial and Technological Research Organisations.

In addition, the Institute cooperates in the 6 th and 7 th EU Framework Programme. The results of the IERs research work are published as books, reports, working papers and journal articles, moreover, they are disseminated through the media and teaching activities. As part of its operations Institute organizes international workshops, seminars and conferences on current economic issues, and offers facilities to visiting researchers.

Research Fields


International economics

In the research of international economics the Institute uses analytical tools and computerised databases (OECD, EUROSTAT, own data bases for production and foreign trade). The research in this field focuses on:

  • Industrial restructuring in the global economy and measurement of international competitiveness
  • The analysis of economic relations with Slovenia`s main trading partners
  • Foreign trade liberalisation
  • Analysis of foreign direct investment
  • International capital flows
  • International migration (brain-drain)

Development studies

In the field of economic development, the Institute`s research staff analyses current trends in Slovenia and well as in Central and Eastern European countries, and compares them with developments in West European and other market economies.

The research of economic systems comprises the analysis of monetary and fiscal system, as well as of institutional changes. Theoretical and empirical studies also deal with labour productivity and problems of labour mobility. A general equilibrium model and econometric models are used to empirically quantify basic economic parameters.

A special emphasis is given to integration issues: Slovenia`s EU accession strategy, monetary reform in Slovenia in view of the European Monetary Union, as well as development of modern state interventionism as a system of economic measures aimed to restructure the economy.

In the field of technological change, basic relations between the economy and technology are analysed in order to find the elements for appropriate innovation policies.

Welfare economics and human resources

Research covers a broad range of topics:

  • Social security
  • Poverty, income distribution and inequality
  • Economics of education
  • Health economics
  • Economics of the family
  • Inter-generational transfers of income
  • Economic aspects of population and family policies

Although the research primarily focuses on the Slovenian situation, it often puts it in a comparative - mostly European - context. The results are widely used as a basis for various proposals for education and pension reform, social assistance reform, changes in family policy measures, etc.

Regional development and regional policy

The research in this field includes basic studies (theory of regional disparities, measurement of development lags) and applied research: regional policy in Slovenia, EU and other European countries, measures for further promotion of regional development, restructuring of old industrial and depressed areas on the basis of essential development factors (strategic management, knowledge, innovations enterpreneurship ...).

Experts from IER are strongly involved in the preparation of Slovenia for effective and efficient use of accession instruments (PHARE, SAPARD) and Structural Funds.

Sectoral studies

Sectoral studies evaluate the development of different economic sectors and subsectors (manufacturing and mining, energy, agriculture, tourism, transportation, housing, telecommunications, banking, insurance and other business services).

These studies represent the information basis for policy-makers at the macro, mezzo and micro levels.

Regional development and regional policy

  • Strategic management
  • Business model development
  • Corporate restructuring
  • M&A strategic analysis and planning
  • Post-merger integration
  • Change management
  • Cost analysis
  • Process optimization
  • Business partner search
  • Strategic alliances

Areas of expertise

  • Economic impact studies
  • Economic viability analysis
  • Feasibility plans
  • Strategic analysis & planning
  • Business model development
  • Business plans preparation
  • Market research
  • Financial analysis
  • Benchmarking
  • R&D evaluation & consulting
  • Project implementation management

Infrastructural project SHARE

The Survey of Health, Ageing and Retirement in Europe (SHARE) is a multidisciplinary and cross-national panel database of micro data on health, socio-economic status and social and family networks of more than 55,000 individuals from 20 European countries aged 50 or over.