LFMI launches Employment Flexibility Index 2018 for the EU and OECD. The index is based on the World Bank’s Doing Business data on labor market regulation and covers a set of indicators on hiring, working hours, redundancy rules, and redundancy costs.
Politicians should ask themselves if depriving citizens of their right to choose high quality reasonably priced services while putting private businesses at a competitive disadvantage is the path Lithuania should follow.
Lithuania has long been praised for its rankings in the categories of starting a business, registering property, and enforcing contracts, but it has also been criticized for a heavy administrative burden and red tape pervading the areas of dealing with construction permits, getting electricity, and paying taxes.
The 2008 financial crisis, geopolitical tensions, and other macro factors have slowed down SOE privatization. In some CEE countries, the trend has even reversed. Estonia nationalized its railways in 2007 and Lithuania bought out private investors in its energy companies.
The key to solving the ecological problems of transport lies in a policy that allows for technological innovation in a wide range of drive technologies and air-cleaning measures. Central planning and ideologically motivated activism, which reduce our prosperity, undermine technological know-how and threaten jobs, are clearly out of place.
On the whole, CEE countries – including Poland – still positively stand out in this respect among its European peers. Yet, this might soon come to an end as Poland’s governing party (LAw and Justice) is planning to introduce significant restrictions on Sunday trade.
The European think tank network EPICENTER has published the second edition of The Nanny State Index, an indicator of state paternalism in the European Union. The index evaluates restrictiveness of regulations governing the sale and consumption of food, soft drinks, alcohol, tobacco, and e-cigarettes in 28 EU countries in 2016.
Board remuneration regulation is essentially a two stage issue. Firstly, there should be transparency concerning the remuneration packages of executive and non-executive board member and directors. And secondly, shareholders should have a level of control over the process of board remuneration determination.
This should be the first commandment of every regulator. Or at the very least, forbidding should not be their first step. All over the world, many governments which have imposed a ban on sharing economy do not respect this rule. They shoot first and ask questions later.