Matevž Hribernik  to enforce the sustainability principle as the fundamental quality criterion in all areas of development, including the goal of sustained population growth; and  to develop into a globally recognisable and renowned country through a characteristic development pattern, cultural identity and active engagement in the international community. In order for Slovenia to achieve theses ambitious goals it needs to prepare and deliver sweeping structural reforms and change its existing development pattern. The new national development model therefore combines those positive characteristics of the European liberal economy models and the partner-state model that suits Slovenia in terms of its development possibilities and values. If Slovenia wants to improve its position and range among the most developed EU countries it needs to improve its global competitiveness substantially. This will, however, require more radical structural reforms and a change to the current development model. Slovenia's new political-economy vision is therefore geared towards a social market economy that will combine a more liberal market economy with an economically more efficient and flexible social-partner state. Table 4. Vision of the new development paradigm Current development model Regulation and bureaucratisation of markets Restrictive entrepreneurial environment Relatively closed financial markets State-corporatist ownership structure Inadequate flexibility of labour market Collective systems of social security Corporativism of large social partners Bureaucratic-hierarchical system of public administration Emphasis on macroeconomic and social balance Source: Slovenia's Development Strategy, 2005 Vision of the new development paradigm Deregulation and liberalisation of markets Promoting the establishment and growth of enterprises Openness of financial markets and competi­tion Privatised economic sector with actual ow­ners Greater flexibility of labour market Individual needs and responsibilities Open and wide partnership cooperation Decentralisation and public private partner­ship Emphasis on sustainable development based on structural reforms and greater social dyna­mics 102