editorial partner Liberte! Friedrich Naumann Foundation

Economy

Freezing Prices Will Not Save Polish Energy Sector
Economy
Freezing Prices Will Not Save Polish Energy Sector
In the face of the energy crisis, politicians\' neglect of the development and modernization of the Polish energy sector is becoming increasingly visible. Freezing electricity prices is a costly and short-term solution, resulting from neglect in this area. The Polish energy mix, overly dependent on coal, requires decisive modernization actions, which, however, because of current policies, are systematically delayed.
What Is Wrong with Polish Tax System?
Economy
What Is Wrong with Polish Tax System?
The tax system has a profound impact on a country\'s economic growth for two reasons. Firstly, in developed countries, taxes typically amount to the equivalent of one-third to even half of the GDP. Such a high level of taxation affects taxpayers’ economic activity. Secondly, for the state to collect taxes, it must maintain appropriate regulations defining the tax base and rates.
Government Bonds: Additional Source of Income and Economic Catalyst
Economy
Government Bonds: Additional Source of Income and Economic Catalyst
By investing in government bonds, every citizen can contribute and demonstrate their faith and support for the Estonian state. Government bonds strengthen its security, provide additional income for Estonians, and stimulate the economy, writes Mart Võrklaev. The long-awaited issuance of government bonds targeted at Estonian retail investors, which has been on nearly everyone\'s mind in recent months is now open.
Are Speculators Evil or Good? Does Speculation Require Regulation?
Economy
Are Speculators Evil or Good? Does Speculation Require Regulation?
You have probably heard it before: „Dishonest speculators are manipulating asset prices extensively. They make unjust and therefore undeserved profits. These vicious individuals only enrich themselves immorally at the expense of society as a whole, whose members, unlike them, depend on honest work to obtain scarce resources.
Benefits of Single European Market: Case of the Czech Republic’s Economy
Economy
Benefits of Single European Market: Case of the Czech Republic’s Economy
The Czech Republic celebrated a major anniversary on May 1 this year. Exactly twenty years ago on this day, the Czech Republic joined the European Union, and thus became part of the Single European Market. Apart from the political implications, joining the EU had major economic consequences. These are the ones we are going to look at now.
Let’s Not Be Delusional, Euro Will Not Save Czech Republic
Economy
Let’s Not Be Delusional, Euro Will Not Save Czech Republic
Few things stir the public sphere as much as the controversial subject of the adoption of the euro in the Czech Republic. Although one side of the debate always vehemently puts forward arguments in favor of adopting the single currency, while the other side points out the unmissable pitfalls of the euro, one crucial economic argument seems to be continually neglected.
Tax Burden and Policy in Georgia
Economy
Tax Burden and Policy in Georgia
The tax burden directly determines how many resources remain in the hands of businesses and how much goes to the state budget. However, it also has some influence on the price level. The size of the tax burden affects the speed of economic development - the more money a business has in possession, the more development and expansion opportunities it has, the more materials it buys, the more money it invests in the purchase of new equipment.
How Financial Markets Discipline Politicians
Economy
How Financial Markets Discipline Politicians
Can financial markets put pressure on a powerful country like France, the world\'s eighth-largest economy? It is better not to test it. The UK has found that out several times. An analysis by Institut Montaigne found that promises made before the election by the leftist New Popular Front would increase France\'s annual budget spending by €95 billion and the state finance deficit by 3.6 percent of GDP.
Industrial Policy Does More Harm Than Good
Economy
Industrial Policy Does More Harm Than Good
Many governments are interfering more and more deeply in economic processes. Protectionism is on the rise in the world. The result could be a stagnant global economy. Tadeusz Syryjczyk, Minister of Industry in Tadeusz Mazowiecki\'s government in Poland, once stated that the best industrial policy is no industrial policy.
Cutting of Red Tape: Promise Once Again Broken?
Economy
Cutting of Red Tape: Promise Once Again Broken?
With its Commission Work Programme 2024, adopted on October 17, 2023, the European Commission emphasized its commitment to reduce reporting requirements by 25 per cent. While the Commission promises to cut bureaucracy, the Corporate Sustainability Reporting Directive (CSRD) is looming. The CSRD imposes substantial new disclosure and compliance requirements on companies.