Recently, Hong Kong chief executive Carrie Lam announced that her government will withdraw the contested bill that would undermine the rule of law by allowing extraditions to mainland China, which sparked three months of protests in the city. However, demonstrations are unlikely to end anytime soon.
In mid-June, hundreds of thousands of Czechs took to the streets of Prague calling for the resignation of Prime Minister Andrej Babiš in light of both a criminal investigation in the Czech Republic over alleged fraud, and an EU investigation over the abuse of EU funds by his Agrofert conglomerate.
Thirty years later, public policies and political institutions of the former socialist economies do not equally support economic freedom, just as they do not observe the same level of international trade, foreign direct investment, and income.
In the highly-digitalized world of the 21st century, the citizens, private sector, and government alike face a growing challenge of securing cyberspace. Cyber threats and attacks pose as one of the latest and ever-growing security issues.
Unsurprisingly, among the countries with the most substantial deteriorations in freedom in recent years are Turkey and Poland, both experiencing evident weakening of the rule of law, contracting religious freedom, and attacks on freedom of expression.
The last couple of years have seen the citizens of several CEE countries witness the erosion of hard-earned liberalism, while privately and publicly weighing on how to prevent populists in power from further trampling citizen’s freedoms and rights.
Past week, the Economic Freedom of the World: 2018 Annual Report was released. The report is based on data from 2016 and measures the economic freedom by analyzing the policies and institutions of 162 countries and territories.
On Sunday, June 3, the Slovenes voted in the snap parliamentary election. Nine political parties passed a minimum 4% threshold to gain representation in the National Assembly, a record in Slovenia’s history. The winner was the Social Democratic Party (SDS) with 24,94% of the vote.
The Visio institute has just published the second issue of The Visio Journal, which offers several papers analyzing the degree to which the public policies and political institutions of former socialist economies have been supportive of economic freedom following the collapse of communism.