Lithuania’s new Labor Code that was supposed to be flexible in balancing employee-employer interests is to take effect as of 1 July 2017. It was already approved by the previous government, but vetoed by the President. Therefore, its entry into force was postponed and so began the process of its improvement.
Polish economic policy should aim to increase the country’s resilience and strengthen economic foundations. The safety margin, in the form of ensuring the appropriate fiscal space, must be maintained not only because of tensions in the world economy, but also in terms ofpossibly less sharp, cyclical slowdown.
Unified tax rules can hardly contribute to trade liberalisation. A diversity of tax systems is not a roadblock for free trade. Quite the opposite, differences in tax systems might serve as a stimulus to trade. Taxes constitute a significant share of costs and a large share of the price of factors of production, labour in particular.
LFMI’s tailor-made research publication identifies the most significant policy decisions that have provided a boost for the country’s economy by reducing bureaucracy and regulation as well as those which have hindered the progress and examines party voting patterns on the policy decisions under discussion.
We have the pleasure to present you the third round of 4discussion devoted to sharing economy. See what do Dita Charanzová, Kalle Palling, Marek Harbulak and Róbert Chovančuliak say on the topic and feel free to comment on that!
The goal of the project was to unfold and analyze the composition, causes and consequences of the shadow economies in Lithuania, Latvia, Estonia, Poland, Sweden and Belarus and to draw policy recommendations for tackling the shadow economies in the respective countries.
We are delighted to present you the second #4discussion, devoted to the topic of minimum wage and the welfare state. See what do Elina Lepomäki, Professor Tim Evans, Barbara Nowacka, and Richard Durana have to say on the topic and feel free to comment on that!
We have the pleasure the present you an infographic accompanying the project on the impact of minimum wage on the economy of six Eastern European countries created by Visio Institute and supplements the previously published on our website policy paper titled “Minimum Wage: Busting the Myth”. Enjoy!
After having examined the draft Labour Code and submitting comments and proposals to relevant decision-making bodies, LFMI has concluded that the project is a huge step towards flexible labour relations and will significantly contribute to advancing job creation in Lithuania.
