Elderly People Sign

Unfortunately, in 2016, the populist Law and Justice government decided to reverse the reform – the pseudo-economic rationale was the infamous lump of labor fallacy. They wrongly claimed that lowering the retirement age would be a perfect tool to fight youth unemployment – retiring seniors would (in their opinion) leave their jobs for young Poles.

Euromaidan_01

Two years have passed since Euromaidan won in Ukraine. We try to look at what changed over the last two years. We discuss macroeconomic situation, fiscal issues, financial sector, and trade. We also outline major reforms conducted over this period and outline shortly future reforms agenda.

800px-Anti-Hartz-Demo

The activating labour market reforms of the German government at the beginning of the 21st century (Agenda 2010) were considered to be successful in reducing unemployment, especially long-term unemployment. But the majority of the media and also the majority of the German population consider this reform as socially unfair. While long-term unemployment fell from 1.7 to now under one million, people still believe, Hartz IV made Germany poorer. A new empirical study tells a different…