On September 10, 2019, the first international finale of the Economics Olympiad took place in the Czech national bank in Prague. Slovakia was excellently represented by five students from whom two reached the first two medal positions.
INESS created a brand new index called Health for Money, which rates healthcare in 26 countries, having also money in focus. The index touches also academia, measuring number of quotable medical papers from the country, or international rankings of faculties of medicine.
Bureaucracy Index was introduced in Slovakia in 2016 by Institute of Economic and Social Studies (INESS) to emphasize the amount of red tape a small entrepreneur has to overcome on a daily basis. It is based on a straightforward methodology, using an analysis of a model company.
In 2017, INESS launched a series of informal economic discussions called Ekonomické reči (Econtalks). Seven events were organized so far and more than 420 guests altogether visited the evening forum. First Econtalks were held by Radovan Ďurana in March.
In 2016, the Institute of Economic and Social Studies (INESS) from Slovakia decided to fill the gap and the Bureaucracy Index was born. In collaboration with experts from different areas, INESS identified and analyzed all the administrative tasks that the state requires from a model SME company.
The 7th annual Seminar on Austrian Economics organized by INESS took place on October 13-16, 2016, in Mojmírovce, Slovakia. In the span of these four days, the participants had a chance to attend several insightful lectures, to discuss various topics with renowned experts from different fields, and to make new friends.
More than 20 representatives of NGOs, Roma employment organizations, journalists, politicians, embassies’ representatives, among others, attended a seminar organized by INESS on December 15, 2015 devoted to describing the existing barriers on the labor market, which are the result of existing legislation and discuss possibilities of their removal, or change.
Slovakia’s example is emblematic of how a government trying to patch up fiscal loopholes turns to targeting incomes of the most vulnerable, using their limited means to solve societal problems. From the government’s perspective, this is often the easiest way to procure the necessary funding.
At the beginning of his speech, CEPOS President attacked the popular myth of Denmark being rich thanks to the welfare state. As he demonstrated on number of charts, Denmark was first rich, and only then could afford the welfare state.
Slovakia is experiencing situation common to many European economies. The price of electric energy on the market is falling, so is the overall consumption of electricity. And yet, the final price for consumers, especially in the industrial sector, remains high.
