Estonia, Latvia, and starting from this year Poland (partly) are taxing profits earned by companies only at the dividend payout time. Such a model promises to raise both domestic and foreign investment, and it can help the economy recover from the crisis more quickly. The opponents of this taxation system in Lithuania argue that various benefits, which alleviate the burden on business and encourage investment where it is most needed, are already in place.
Political forces that extensively use hate speech in Latvia are not sizable, nor they receive the amount of support that their ideological counterparts in Western Europe do. Nevertheless, in recent years, those fringe ideas got a bit of momentum, with the creation of internet-based political movements.
Poland, Latvia, and Estonia started their rainbow revolutions much later than the West – when Stonewell riots happened in NYC, all three countries were still deep in the communist regime with no hope for emancipation.
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.