economy

Lithuania’s level of economic freedom has been steadily improving. The country has jumped up by two positions and ranked 13th in the world in the 2015 edition of the Index of Economic Freedom. The index is compiled by the Heritage Foundation in partnership with The Wall Street Journal.

This story of bilateral cooperation between Turkey and Georgia gives an interesting example of how good will and understanding each others needs, despite of several historic and political differences in past, can create a high level of cooperation from which both sides can benefit politically and economically.

On the importance of mainstream vs. mainline distinction in understanding economics, the power of ideas and education focusing on the link between philosophy, politics and economics, and the new master\'s PPE program in Prague with professor Peter Boettke talked Josef Šíma, president of CEVRO Institute, Prague.

The conclusion for the Hungarian opposition shall therefore be quite obvious: they need to find an answer to the abovementioned economic needs. The refugee crisis may dominate the public discussion for now, but everyday lives of the voters are defined by the worsening economic situation and the fear of wash-out.

Although the frontlines are very clear when it comes to democracy, rule of law, European orientation – it is not the case in economic issues. Opposition parties have to remember this when creating a program and looking for alternatives instead of the regime of Fidesz: the Hungarian opposition is not right of left wing, rather eclectic – just like the government.

2015 was a year of many wins and losses for Ukraine. In the first half of the year, Ukraine faced a near-perfect storm of escalating military conflict, falling commodity prices and political instability. As a result already low export revenues went even further down and foreign currency reserves dropped to 5 billion dollars.

The sequence of events in Poland might sound familiar to many of you. Hungary experienced quite a similar scenario. Clearly, Poland is not an isolated case. Political radicalisation and anti-democratic backtracking might be contagious.

Funny thing is that even professors of economics in the United States themselves were often not able to see the worse performance and lagging of centrally planned economies. Too much of intellectual work sometimes makes people forget to look out of the window.

You were \'nice\'? Here is a reward. You were \'naughty\' – here is a punishment. There is a kind of a social contract between an individual and Santa Claus. This simple and intuitive logic is not uncommon in many cultures. But I cannot help at wonder: what would Santa Claus be like if he was a government figure?

More than 20 representatives of NGOs, Roma employment organizations, journalists, politicians, embassies’ representatives, among others, attended a seminar organized by INESS on December 15, 2015 devoted to describing the existing barriers on the labor market, which are the result of existing legislation and discuss possibilities of their removal, or change.