The year 2000 was challenging not only for the global economy, but also for economists. They were also hit by the crisis: economic forecasts vanished within a day. However, the need to assess the economic situation and likely scenarios of economic development remained.
The handbook delivered a long-term policy vision and immediate recommendations for the new parliament to preserve and create new opportunities for people in Lithuania to pursue well-being for themselves, their families and communities.
Lithuania’s new coalition government comprised of the conservative Homeland Union-Christian Democrats, the Freedom Party, and the Lithuanian Liberal Movement has put this reform option back on Lithuania’s agenda.
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.
In cooperation with the Academy of Liberalism, the Friedrich Naumann Foundation for Freedom has just released a podcast devoted to the topic of “Baltic Buuble: COVID-19”. The episode focuses on how much COVID-19 has influenced the economy of the Baltic countries and how dark or bright is the future?
Addressing and diminishing barriers to the single market in the EU is a much welcome initiative. The initiatives to decrease bureaucracy, to step up efforts to comply with EU law, to evaluate the effects of new regulations on SMEs in impact assessments, and mutual recognition are important steps in promoting growth, free trade, and consumer rights.
When we talk about wages in Slovakia, we refer to gross wage. From an economic point of view, however, it is a fictitious value created by accountants. It represents an arbitrarily set point between the two key values: net wage and labor costs.
Coalition negotiations started just one day after the election. It is already becoming apparent that a liberal influence will become visible. The clearly pro-Western and pro-European coalition will continue and even strengthen the previous course of support for the opposition in Belarus.
The current governing Farmers and Greens Union immediately pointed out that in the second round, which will take place on October 25, the voters could still turn the result in their favor.
Lithuania’s tax system is ranked the sixth most competitive and neutral in the OECD according to the Tax Foundation’s International Tax Competitiveness Index 2020 which was released on October 15.
