Economy

This study is not worth the paper on which it is printed.

And still, at the same time, and in addition to these statements, the same government, and its majority in parliament, is approving measures, which are likely to increase unemployment and destroy the process of creating new jobs.

The changes proposed by the government have met with a fierce resistance from economists and other experts, because the campaign against the funds is clearly demagogic, and the nationalization threat conflicts with Poland’s successful transformation from communism, which has been based on privatization since 1989.

One of the results of privatization was a noticeable increase in the quality of the services and a more effective allocation of the costs.

Any persistent defence of the euro will result in a long-lasting recession and high unemployment in countries using fiscal austerity to pursue ‘internal devaluation’. It may lead to a revival of populist and nationalist movements, political collapse and disorderly eurozone break-up.

Ever since the start of the financial crisis, Slovakia has been having serious problems with the sustainability of its public finances.

What was quite interesting was the reaction of the official China\'s credit rating agency, Dagong, which has downgraded the US rating from A to A- due to the fact that the debt growth rate significantly outpaces that of fiscal income and GDP.

The second volume of Fukyama\'s book will deal with the last two centuries and hopefully continue to provide non-trivial analysis of political order.

Government budget for 2014? Welcome to 1984! That’s how a discussion about the 2014 government budget proposal could be summarised.

The lack of experience, skills and even professional contacts among young people, makes them understandably one of the more sensitive labor market groups.