Economy

The key elements of a stable and sustainable pension system are long-term sustainability and the shared responsibility between the citizens and the state for a dignified and well-funded old age. However, the political parties that entered the elections in Lithuania have little regard for the worsening demographic trends.

The Institute for Liberal Studies publishes an analysis of the sweetened beverage tax by Jan Šincl and Martin Pánek entitled Sugar Tax’s Sour Grapes. The prevalence of obesity is rising globally and poses a significant challenge to the health of individuals and healthcare systems. The main factor causing obesity is not sugar. It is a combination of many factors, such as caloric intake and expenditure, exercise, dietary habits...

One of the most frequently repeated electoral promises of the Civic Coalition and the Third Way in the parliamentary elections was the \"depoliticization of state-owned enterprises.\" This pledge was reflected in point 13 of the coalition agreement from November 10, 2023, which states, \"One of the coalition\'s priorities will be the depoliticization of state-owned companies by introducing clear recruitment criteria for managerial positions.\"[1]

In the face of the energy crisis, politicians\' neglect of the development and modernization of the Polish energy sector is becoming increasingly visible. Freezing electricity prices is a costly and short-term solution, resulting from neglect in this area. The Polish energy mix, overly dependent on coal, requires decisive modernization actions, which, however, because of current policies, are systematically delayed.

The tax system has a profound impact on a country\'s economic growth for two reasons. Firstly, in developed countries, taxes typically amount to the equivalent of one-third to even half of the GDP. Such a high level of taxation affects taxpayers’ economic activity. Secondly, for the state to collect taxes, it must maintain appropriate regulations defining the tax base and rates.

By investing in government bonds, every citizen can contribute and demonstrate their faith and support for the Estonian state. Government bonds strengthen its security, provide additional income for Estonians, and stimulate the economy, writes Mart Võrklaev. The long-awaited issuance of government bonds targeted at Estonian retail investors, which has been on nearly everyone\'s mind in recent months is now open.

You have probably heard it before: „Dishonest speculators are manipulating asset prices extensively. They make unjust and therefore undeserved profits. These vicious individuals only enrich themselves immorally at the expense of society as a whole, whose members, unlike them, depend on honest work to obtain scarce resources.

The Czech Republic celebrated a major anniversary on May 1 this year. Exactly twenty years ago on this day, the Czech Republic joined the European Union, and thus became part of the Single European Market. Apart from the political implications, joining the EU had major economic consequences. These are the ones we are going to look at now.

Few things stir the public sphere as much as the controversial subject of the adoption of the euro in the Czech Republic. Although one side of the debate always vehemently puts forward arguments in favor of adopting the single currency, while the other side points out the unmissable pitfalls of the euro, one crucial economic argument seems to be continually neglected.

The tax burden directly determines how many resources remain in the hands of businesses and how much goes to the state budget. However, it also has some influence on the price level. The size of the tax burden affects the speed of economic development - the more money a business has in possession, the more development and expansion opportunities it has, the more materials it buys, the more money it invests in the purchase of new equipment.