Intra-budgetary redistribution of the Personal Income Tax in Lithuania is aimed at providing financial support for economically weaker municipalities. The present analysis is aimed at measuring level differences of intra-budgetary redistribution of the Personal Income Tax across municipalities as well as identifying the major problems created by this process.
Under the European Charter of Local Self-Government, the internal administrative structure and the resources of the governments should correspond to the needs of the local population as well as ensure effective governance. However, statistical data shows the growth of municipal bureaucracy despite demographic decline.
Following 2014 reforms, municipalities allocate social allowances by performing municipal, rather than the state function. This reform was aimed at achieving more transparent and targeted social benefit allocation process by decreasing the volume of improper or inappropriate payments.
LFMI’s brand new textbook on economics, “Economics in 31 Hours”, will be hitting the bookstores and schools across Lithuania this autumn after a pilot project with 30 teachers and over 1,300 pupils.
On June 11-12, the Lithuanian Free Market Institute will host the Heritage Foundation representatives, who will meet with the Lithuanian government, politicians and business leaders to discuss Lithuania’s progress in the 2015 Index of Economic Freedom and reforms needed to further improve the country’s ratings.
After having examined the draft Labour Code and submitting comments and proposals to relevant decision-making bodies, LFMI has concluded that the project is a huge step towards flexible labour relations and will significantly contribute to advancing job creation in Lithuania.
May 1, 2014 – A new recast of the Law on the Acquisition of Agricultural Land in the Republic of Lithuania1 (hereinafter referred to as “LAAL”), also known as the land “safeguards” law, has taken effect. The law stipulates provisions that limit the right to freely operate in the agricultural market by restricting agricultural land purchase and sale transactions.
While the European Union is pursuing regulation and centralisation and European economies continue to grapple with the crisis, on May 7, the Lithuanian Free Market Institute (LFMI) hosted an international conference “Austerity without reforms – economies without growth” in Vilnius, Lithuania. The conference was organised in cooperation with the Austrian Economic Center and the Friedrich Naumann Foundation as a part of the Free Market Road Show 2015.
Mes, toliau pasirašę keturiolika viešosios politikos analizės centrų ir 4Liberty tinklo narių iš aštuonių Rytų ir Vidurio Europos šalių, raginame Europos Parlamentą, Europos Tarybą, Europos Komisiją ir ES valstybių narių parlamentus grįsti savo sprendimus tik tyrimų išvadomis ir ekonominiais duomenimis bei pritarti TTIP susitarimui ir jos elementams, įskaitant susitarimą dėl investuotojų ir valstybių ginčų sprendimo.