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finances

unemployment
Economy

Unemployment Trap in Lithuania: Among the Highest in Europe

LFMI/December 10, 2020December 10, 2020 /Leave a comment

Prior to the crisis triggered by the COVID-19 outbreak, the Lithuanian economy had been enjoying a rapid growth. Yet, while the number of available jobs had been increasing, the number of unemployed had remained steadily high.

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Economy

Financial and Economic (Il)Literacy among Young Slovaks

Monika Budzak and INESS/July 31, 2018August 6, 2018 /Leave a comment

With a sample of 4,000 Slovak students, the Economics Olympiad revealed the most serious weaknesses in economic education of young people. Memorizing is believed to be a long-term problem, but knowledge useful only as a part of quiz shows remains a crucial element of the Slovak education system.

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Economy

Two Thirds of Lithuanians Lack Economic Knowledge, Survey Reveals

LFMI/March 3, 2018March 6, 2018 /Leave a comment

As many as 81% of Lithuanians find their knowledge of economics insufficient. Making economic decisions at every step of the way, Lithuanians compare their understanding of economics to that of physics or political sciences, but find themselves less confident in economics than in computer literacy or mathematics.

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Economy

The Cost of General Public Services: A Cross Country Analysis from CEE

Aiste Cepukaite and LFMI/May 16, 2017May 24, 2017 /Leave a comment

Governments spend financial resources on various functions ranging from healthcare to social protection to education to defence and others. Inevitably, a part of public finance is allocated to the functioning of the bureaucratic system because general public services are necessary for other public services to exist.

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Republikon Institute
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