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Comparing Labor Codes Based on Doing Business Methodology
Publications
Comparing Labor Codes Based on Doing Business Methodology
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.
Lithuanians Want their Children to Become Entrepreneurs
Economy, Society
Lithuanians Want their Children to Become Entrepreneurs
According to the results of a representative population survey carried out by “Spinter Research” on behalf of the Lithuanian Free Market Institute, 48% of Lithuanians wish their children pursued a career in entrepreneurship. Yet, the same group associates entrepreneurship with risk, innovation, and hard work.
The Problematic Lithuanian Pension System
Economy
The Problematic Lithuanian Pension System
Forced solidarity creates a contradiction – the working class taking care of themselves seems to oppose the interests of the pensioners, while helping the pensioners more would result in a greater burden on the workers. The pursuit of solidarity leads to a conflict of interests.