Lithuania’s new coalition government comprised of the conservative Homeland Union-Christian Democrats, the Freedom Party, and the Lithuanian Liberal Movement has put this reform option back on Lithuania’s agenda.
The quality of Germany’s educational system will also have an impact on its economic success. Since the German economy is based to a considerable extent on world-leading technology, a passing score can rapidly turn into rustication. Therefore, some liberal extra lessons are urgently needed.
The Slovak pension, education, and health systems and services should not depend on the government holding power at any given time. Instead, a fundamental political consensus is required. Better than calls from abroad for Slovakia to behave more rationally, the nation itself must come to its senses.
The 2017 labor law reform significantly improved Lithuania’s position in the Employment Flexibility Index, moving the country from the 27th to 15th position among the EU and OECD countries, according to Employment Flexibility Index 2019 compiled by LFMI based on the World Bank’s Doing Business data.
LFMI launches Employment Flexibility Index 2018 for the EU and OECD. The index is based on the World Bank’s Doing Business data on labor market regulation and covers a set of indicators on hiring, working hours, redundancy rules, and redundancy costs.
The Entrepreneurs Association of Slovakia has already submitted a document to the Minister of Economy which includes 40 bureaucratic absurdities that were previously identified by both entrepreneurs and the lay public under the patronage of the Bureaucratic Nonsense of the Year project.
From a total of 34 OECD countries, 29 of them have a minister for regulatory reform – Slovakia is not one of them. 33 OECD countries have a permanent institution for overseeing regulatory policy – Slovakia is not one of them.
Walter Krämer, a professor of statistics, found out that the OECD had produced the statistical nonsense of the month: According to a recent study published in May 2015 the topmost 10% of all German employees earn 6.6 times more than the undermost 10%.
The Index of Economic Freedom by Heritage Foundation, the Index of Economic Freedom by Fraser Institute, World Bank’s Doing Business, World Economic Forum’s ranking, IMD’s competitiveness ranking – all these rankings are telling us the same thing: better times in Slovakia are long gone.
Tax Freedom Day that is calculated and promoted by Liberalni Institut every year in the Czech Republic, was celebrated on Saturday, 9th June 2012. This result indicates six-day improvement compared to the last year, i.e. the Czech taxpayers must work 160 days to cover expenditures of the general government. In 2011, the obligation was 165 days (one day difference is due to leap-year). Tax Freedom Day is an indicator that divides the year into two…