This paper aims to explore the history, structure, and economic consequences of the currency board in Bulgaria, which was introduced as an emergency measure to combat the late-nineties economic crisis, though has stayed in place ever since.
Measured with the Economic Freedom of the World ratings framework, Slovenia’s situation in 2015 was inferior, relative to 1995, in several areas. Notably, regarding government consumption, private sector credit, the legal system, and property rights.
On Sunday, June 3, the Slovenes voted in the snap parliamentary election. Nine political parties passed a minimum 4% threshold to gain representation in the National Assembly, a record in Slovenia’s history. The winner was the Social Democratic Party (SDS) with 24,94% of the vote.
The Visio institute has just published the second issue of The Visio Journal, which offers several papers analyzing the degree to which the public policies and political institutions of former socialist economies have been supportive of economic freedom following the collapse of communism.
Because of the binding constraints of European treaties and EU law, there are few remaining lines of attack against the Bank of Slovenia’s independence. This article places these developments within the normative and positive contexts of free markets.
December 1, 2017, marked the five-year anniversary of the full implementation of plain packaging in Australia. The removal of brands and trademarks from packaging remains a gross violation of intellectual property rights and has failed to achieve its intended goal.
Using 79 distinct indicators to evaluate freedom in 159 countries, the Human Freedom Index captures the degree to which people are free to enjoy rights such as freedom of expression, religion, assembly, movement, trade, identity, relationships, as well as measures the rule of law, security and safety.
The Visio Journal invites suggestions for articles to the forthcoming issue devoted to “The Former Centrally Planned Economies 25 Years After the Fall of Communism”. Here you may find the call and a supporting document. The deadline for a submission of the proposal is January 5, 2018.
“As nationalism, authoritarianism, and populism strengthen in many countries around the world, it is becoming more important than ever to measure human freedom and the central role it plays in human progress”, said Vasquez. “The declining performance of the United States, once considered the bastion of liberty, is worrisome”.