Let’s look at the data – the results of this year’s Economics Olympiad organized by INESS, with over 6,500 high school students involved. We introduce 10 key findings concerning economic skills of the youth in Slovakia.
If I were the Minister of Education, I wouldn’t hesitate for a second when it comes to autonomous schools. They create a relatively small opposition among the interest groups in Education, they can achieve a lot in the long-term perspective.
Slovak government is celebrating. A lawsuit between the state and private health insurers that has been with us for two decades now, is finally over. What does it mean for Slovak citizens?
The final effect of the carbon tax is determined by the way in which additional resources are handled. Every tax results in reallocation of scarce resources for purposes less desired by consumers. Not only do taxes diminish the utility of a consumer, but they also have a negative impact on economic growth.
The new Slovak government brings new hopes for an education reform. Previous governments were unable to manage the ministry. They typically came up with announcements of general changes, only to get suffocated by dealing with pointless details in the end.
Slovakia is not Wuhan. Slovakia is not even Bratislava alone. The optimal solution for the capital is different from the one for Pribylina (a small village in Slovakia). Closing a country like ours, where half of the population lives in the countryside, is a comfortable waiver of responsibility by those in charge.
Slovak large-scale employers want the highest possible wage compensation, looking up to the German or Austrian Kurzarbeit system, which covers up to 85% of wage costs. Journalists and some economists argue that we should borrow as much as we can.
The ongoing epidemic requires an adequate response. In terms of the upcoming weeks, Slovakia should proceed in an organized and responsible manner.
The epidemic of good advice, tips, challenges, and recommendations for the new Slovak government is much stronger than the viral one. There are many things to fix, to improve, and especially – to save.