Articles

In public debate one can frequently find support for significant state ownership in the economy, citing the need to protect strategic national interests, including public safety and order. Politicians often argue that privatizing companies with State Treasury involvement would lead to their acquisition by entities hostile to Polish interests.

On June 4 and 18, 1989, partially free elections for the Sejm and fully free elections for the reconstituted Senate were held in Poland. As a result of these elections, a democratic political system was established, and decisive economic reforms were initiated between 1989 and 1990, which included stabilization and free-market changes. Poland was the first socialist country to begin departing from the system imposed by force, which was flawed.

Recent economic shocks and the European Union’s focus on competitiveness have directed the spotlight on the dangers of global value chains. With its unique politics of  ‘eastern opening’ and latecomer position to the globalized market economies, Hungary’s strategy in the geopolitical theatre raises many questions. In the following, I will use an interdisciplinary approach to explain the Hungarian manufacturing industries’ global value chain exposures.

On December 11, Republikon Institute held an event entitled \"Affordable Housing - Dream or Reality\", which explored the issue of housing in Budapest in a panel discussion with politicians and experts. The panelists of the first panel, all mayors of an individual city district of Budapest, are aware of the housing issues, but there is no universal solution.

What do we need in a year of uncertainty? Determination, optimism, and faith that through consistent and resolute action, we can overcome the challenges the world faces today. Unfortunately, history may repeat itself, but that does not mean we are helpless. After decades of relative geopolitical stability, years of peace, a time of spectacular economic development, and poverty reduction, the world finds itself at a crossroads.

The December issue of the 4liberty.eu Newsletter provides an overview of the articles published on the 4liberty.eu website, serving as a starting point for further exploration.

The Estonian economy is showing green shoots of recovery again, and people\'s real purchasing power has risen since June of last year. These are the words of the Minister of Economic Affairs and IT Erkki Keldo . He also added that wages have also been outpacing inflation. Speaking to \"Esimene stuudio,\" Keldo noted that people\'s real purchasing power has been increasing since June of last year.

The state must act where there is no other way. However, when it intervenes, the state must be efficient, strong, and decisive. In other areas, we must understand that our success is a collective creation, with the main author being the free citizen. Life improves only when solutions are in the hands of citizens, not dictated by the state.

High inflation has long been the most serious macroeconomic challenge our country has faced in recent years. It was far from being only economists who identified deep price instability as a major problem, as the wider public viewed the extraordinary rise in most prices in the economy with equal reluctance.

Not long ago, there was a debate in professional circles about the predictive value of central bank forecasts. They have been desperately inaccurate in the last few years, a time of severe price instability. The question has therefore arisen as to whether the models underlying these forecasts are sufficiently robust and realistic.