This month, Slovak economy unpleasantly surprised the Slovak government, when the newly released economic numbers showed a relatively significant drop in the growth rate of the economy compared with the earlier expectations.
Ukrainian government needs to take steps to reduce the possibility of hostile takeovers of property and should ensure transparent and lawful conduct of the judicial system and law enforcement agencies. It should also engage Ukrainian business associations in policy making.
In an escalation of tensions between Japan and South Korea, Tokyo has moved forward with regulations on exports of chemicals to Korean technological companies like Samsung. This move is seen as a political calculation, given recent disputes of trade and negotiations between the two Asian nations.
Analysts investigating the roots of the PiS’s dominance agree that one of the strongest pillars of its success is a massive universal child benefit scheme called “Family 500+”, providing each and every Polish family with a monthly payment of PLN 500 (ca. EUR 115) for their second and every next underage child.
Thirty years later, public policies and political institutions of the former socialist economies do not equally support economic freedom, just as they do not observe the same level of international trade, foreign direct investment, and income.
Some people claim that the main reason why gold became money was that women liked it. Others claim that it is the faith that makes us use a certain good as money. By that logic, even water could become money just by virtue of us having faith in it.
Ukraine has been going through ambitious structural reforms aimed to strengthen its democratic institutions and human rights protection, impose rule of law, and develop modern market-oriented economy. Customs reform is among key reforms in Ukrainian policy agenda in 2019.
Each and every one of us knows lack. We hunger for bread, crave love, lack meaning. Lack leaves us restless, raging against the world and ourselves. But despite its familiarity, lack remains a mystery.
According to the Ukrstat, Ukraine exported USD 20.2 bn to the EU, surpassing the previous peak registered in 2008, i.e. before the hardships of two economic crises and the occupation of the part of Ukraine’s territory.