Lisbon Agenda Implementation: the Example of Slovenia In order to achieve its goals, Slovenia's Development Strategy envisaged five development priority areas: (i) The first development priority: a competitive economy and faster eco­nomic growth: ! foster entrepreneurial development and increase competitiveness; ! increase inflows of development-promoting domestic and foreign invest­ment; ! support the economy's internationalisation; ! increase the competitiveness of services; ! successful participation in the exchange rate mechanism ERM II and adoption of the euro. (ii) The second development priority: effective generation, two-way flow and application of the knowledge needed for economic development and quality jobs: ! raise economic efficiency and the level of investment in research and technological development; ! improve the quality of education and encourage lifelong learning. (iii) The third development priority: an efficient and less costly state: ! increase the institutional competitiveness and efficiency of the state; ! restructure public finances to enhance their developmental role; ! ensure a better operation of the judicial system. (iv) The fourth development priority: a modern social state and higher em­ployment: ! improve labour market flexibility; ! modernise social protection systems; ! reduce social exclusion and poverty risk. (v) The fifth development priority: integration of measures to achieve sus­tainable development: ! sustained population growth; ! balanced regional development; ! ensure optimal health conditions; ! improve spatial management; ! integrate environmental standards with sectoral policies and consum­ption patterns; ! develop the national identity and culture. 103