Although the theoretical framework contains several approaches, there is consensus that establishing a division of power by mitigate the closure of the formal political system at national level leads to an open political system.
Bureaucracy is still a burden for both entrepreneurs and ordinary citizens. One of the reasons why the political “fight” has not achieved remarkable success in fighting the red tape, is a missing connection between politics and the everyday life of entrepreneurs.
Many Westerners have seen the break-up of the Eastern Bloc as the long-expected moment of reconnection with the countries of Central Europe. Formerly, in the interwar years, these states formed a crucial part of the order within the region.
In Slovakia, the minimum wage has become a political evergreen of every autumn. However, its growth has been rapidly increasing in recent years. Moreover, the former Slovak prime minister has proposed a new law, which will set the minimum wage at 60% of an average wage of the previous year.
On September 10, 2019, the first international finale of the Economics Olympiad took place in the Czech national bank in Prague. Slovakia was excellently represented by five students from whom two reached the first two medal positions.
INESS organized an interesting public lecture during summer season. On August 6, 2019, Dr. Sean Gabb delivered a speech on Brexit and British strategy in Bratislava. Below you can read the outline of the lecture, accompanied by the video.
During her visit to Hungary, she openly criticized country’s Prime Minister Viktor Orbán for his autocratic policies. She also spoke in the defense of the values of the liberal democracy, which is being destroyed in Hungary by Mr. Orban’s regime.
In Slovakia, one of the least popular offices is the Police Traffic Inspectorate, and, more specifically, the Vehicle Registration Department. Yes, you read it correctly – Slovakia is one of three countries in EU28 where the vehicle registry agenda is fully run by the police.
This month, Slovak economy unpleasantly surprised the Slovak government, when the newly released economic numbers showed a relatively significant drop in the growth rate of the economy compared with the earlier expectations.
In Slovakia, non-monetary transfers are often forgotten due to the contributions system – this is set up so that only self-employed know, with exaggeration, how expensive it is. Most employees have no idea that the employer pays an additional 35% to their gross wage.
