The Lithuanian Free Market Institute’s (LFMI) Templeton Freedom Award-winning Municipal Performance Index has been successfully replicated and launched by the Institute of Economic Affairs–Kenya in Kenya and is currently underway in Latvia and Bosnia and Herzegovina.
Numerous needed reforms and laws guaranteeing and protecting equal rights and freedoms have not been passed in Latvia due to lack of political will or poor public administration (or perhaps both). And in the era of the rise of populism, these advances seem more and more distant and unrealistic.
Creating robotic Twitter accounts which generate automatic content on a selected topic became one of the most useful tools in the Kremiln’s disinformation propaganda. Over 80% of Russia-language tweets and almost half the English-language tweets on the NATO presence in Eastern Europe is created by pro-Kremiln robotic accounts.
Lithuania outstripped its neighbors (Latvia and Poland) and once again was ranked among the top 20 countries in the world in terms of ease of doing business. But Lithuania’s competitors are not sitting around twiddling their thumbs, so last year’s achievement is not guaranteed for this year.
Lithuania’s level of economic freedom has been steadily improving. The country has jumped up by two positions and ranked 13th in the world in the 2015 edition of the Index of Economic Freedom. The index is compiled by the Heritage Foundation in partnership with The Wall Street Journal.
The goal of the project was to unfold and analyze the composition, causes and consequences of the shadow economies in Lithuania, Latvia, Estonia, Poland, Sweden and Belarus and to draw policy recommendations for tackling the shadow economies in the respective countries.
Today, we can only laugh at our ancestors, the book copyists, who were fighting against the printing press, because it was taking their jobs and incomes. Our successors will once laugh at our silly ideas.
Since regaining independence some twenty years ago Latvia, a small, open economy has been tormented by three economic crises: first one resulting from the economic transition (institutional change from centrally planned to free market economy), second, in 1998, being transmitted from Russia, and the last one being part of the recent global recession. Despite these circumstances, Latvia has successfully conducted reforms aimed at elicitation of the labour force (i.e. increasing the labour force participation rate…