The Bureaucracy Index 2020 and the International Bureaucracy Day
In 2016, Slovakia’s Institute of Economic and Social Studies (INESS) introduced the Bureaucracy Index, which draws attention to the amount of red tape a small entrepreneur has to navigate on a daily basis. The Index is based on a straightforward methodology, using the analysis of a model micro company and all of its bureaucratic obligations—such as taxes, worktime planning, health safety measures, and even waste management, among others—which are assigned a specific time cost.
Economics Olympiad in Slovakia: 10 Key Findings
When it comes to real life problems, adults usually start reminiscing about their school days with a bit of bitterness. Sometimes, they blame teachers that had failed at teaching, and on other occasions they blame themselves for not paying more attention. The skills that are missing the most often are usually those related to Economics and Financial literacy.
Parliamentary Elections: Unexpected Results
In the process of writing the pre-election commentary, I received the second of two crowdfunded polls concerning preferences of political parties. The outlook was not that similar to the actual result – there was one distinct exception. Nobody had anticipated that the coalition PS/Spolu would not make the cut by 926 votes.
INESS prepared a complex assessment of party manifestos
With the parliamentary elections approaching, Slovakia is facing an unprecedented situation of uncertainty. The elections are held after four challenging years, marked by the murder of the journalist Ján Kuciak and his fiancée Martina Kušnírová, a number of subsequent anti-government protests, and months of revelations of corruption and malignant practices leading to some of the most senior public officials.
Slovak high school students won in the international finale of the Economics Olympiad
Prague, September 11, 2019
On September 10, 2019 ,the first international finale of the Economics Olympiad took place in the Czech national bank in Prague. Slovakia was excellently represented by five students from whom two reached the first two medal positions. High school students undoubtedly proved that despite reports of low financial literacy of Slovaks, there are many exceptionally talented young economists who will not get lost even in international comparison.
Retail Chain Tax in Slovakia: Scary for the Big, Hammering the Small
Long announced “retail chain tax” is taking its final shape in Slovakia. The law passed the first round of voting in the parliament and is awaiting the second voting in November. The government’s intention is to lower the market power of large international retail chains. Unfortunately, the alleged problems are mostly made-up. Instead, this tax may end up raising the food prices and wrecking havoc in Slovak retail.
Automakers Good, Merchants Bad
Mankind has made unbelievable progress in the last one hundred years. From horse carriages to moon landings, from typhus epidemics to molecular genetics, from conservative patriarchate to gay marriages. One thing does not change though – the suspicion, or even hate towards merchants.
BUREAUCRACY INDEX 2018 ADAPTED AND PUBLISHED IN CZECH REPUBLIC, LITHUANIA, SLOVAKIA, UKRAINE
The Institute of Economic and Social Studies (INESS) first introduced its Bureaucracy Index in Slovakia in 2016 to draw the attention to the amount of red tape a small entrepreneur has to overcome on a daily basis just to do business.
Four countries published results of the Bureaucracy Index
Bureaucracy Index was introduced in Slovakia in 2016 by INESS – Institute of Economic and Social Studies, to draw the attention to the amount of red tape a small entrepreneur has to overcome on a daily basis.
If we cannot compete in innovation, let us regulate!
This was perhaps the motto for Axel Voss, the EU's copyright rapporteur, who was in charge of preparation and submission of the new European directive on copyright in the Digital Single Market.