Authors: J. Ocilková, M. Ocilka, M. Cvoliga, N.V. Kudrevatykh

Title of the article: The use of SWOT analysis of subsoils mining in the formation and implementation of the sustainable development strategy

Year: 2020, Issue: 3, Pages: 68-76

Branch of knowledge: 08.00.05 Economics and Management of National Economy

Index UDK: 338.012

DOI: 10.26730/2587-5574-2020-3-68-76

Abstract: The article discusses a quantitative approach to determining the parameters of a strategy for promoting sustainable development in Slovakia, a country actively developing deposits of mineral resources. With the help of a quantitative approach, clear recommendations are given for defining a potential strategy using a SWOT analysis, which combines the interaction of strengths and weaknesses, opportunities and threats to the exploitation of mineral resources, which forms the basic platform for the functioning of sustainable development in the Slovak Republic. The article presents the implementation of the principles of the Saaty matrix for a quantitative assessment of the weights of the factors of individual segments of the SWOT analysis in order to objectify them. A quantitative assessment of the predetermined weights of the SWOT analysis is presented in detail, which is integrated into the development of a strategy for promoting sustainable development of the Republic of Slovakia through the development of mineral resources. In the discussion part of the article, a graphical visualization of the SWOT analysis is presented, with an emphasis on supporting the mitigation of interregional differences in the development of Slovakia.

Key words: sustainable development mining industry economic strategy SWOT analysis

Receiving date: 05.09.2020

Publication date: 15.10.2020

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