The low wage share has been one of the traditional problems of the Slovak economy. This article deals with the change in the structure of income: the prevailing low share of wages in value added began to grow significantly in recent years. The functional structure of income in the years 2013 – 2015 developed in such a way as in the Slovak economy has not previously been recorded. The reversal was linked to a new phenomenon in the labour market: employment and labour income parameters were improving despite only weak economic growth (it was previously not conceivable). Change of trends in the structure of income (together with the improvement of labour market indicators) was enabled by changed structure of aggregate demand increases, employment growth in the state-influenced branches, changes in the sectoral composition of GDP growth and also by changes in the forms of employment.
The article presents the opinion of economists - Nobel Prize winners regarding theoretical and methodological justification of overcoming of the individual country deep recession. In light of their advices, comparative analysis of the main anti-crisis actions of governments of the developed countries and Ukraine has been completed. It is proposed a set of actions aimed at overcoming economic crisis taking into account the completed analysis and current Ukrainian reality.
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