In the years 2019/20, the Friedrich Naumann Foundation for Freedom reminded of the “peaceful freedom revolutions” (H.-D. Genscher), which took place 30 years ago and which were most symbolically manifested in the fall of the Berlin Wall and the German reunification, in the form of various events and publications. However, this revolutionary democratic change did not spread across the whole continent.
Many extraordinary events took place in 2020. What do you think about how they will reshape the world in the rest of the decade? In light of the global pandemic, I see three significant changes in the making. First, the preparedness of the state for emergencies will improve. Health systems were unprepared for such a health crisis, while the state emergency infrastructure was underdeveloped and in poor condition. Going forward, the political elite will need…
The state of media freedom in Hungary, Poland, and Slovenia is increasingly getting worse. Independent news outlets are rarer and limited, and the governments directly threaten journalists. Media freedom is suffering.
When we talk about wages in Slovakia, we refer to gross wage. From an economic point of view, however, it is a fictitious value created by accountants. It represents an arbitrarily set point between the two key values: net wage and labor costs.
Economic time series exhibit periodically recurrent movements at the daily, weekly, and monthly levels. Also known as seasonality, it has been usually treated as a nuisance to be removed prior to analysis. Often, data is already deseasonalised by data providers since it distracts from medium-term time trends and long-term cycles. Moreover, seasonality disappears when data are aggregated to a yearly basis – it is a phenomenon at work at shorter time frames. It is an…
Only about 16 months ago, the minority government led by Marjan Šarec and his liberal party LMŠ, which only held 43 of 90 seats in parliament, came to power. The center-left coalition consisted of the LMŠ, the Social Democrats, the liberal party SMC, the party of Alenka Bratušek (SAB) and the Pensioners’ Party.
A minimum wage problem is a thought experiment that is not easy to comprehend. The fact is that people are different. Some people create enormous wealth and others do not produce much. If their added value or created wealth in a month does not reach the minimum wage, the government forbids them to work.
Slovenia is one of the most centralized countries in the European Union with a one-tier local government system. While the country ratified the European Charter on Local Government in 1996, the charter was never fully implemented
Measured with the Economic Freedom of the World ratings framework, Slovenia’s situation in 2015 was inferior, relative to 1995, in several areas. Notably, regarding government consumption, private sector credit, the legal system, and property rights.