economic performance

December 13, 2017

Super Index 2017

According the latest IBL Super Index, Italy is the sick man of Europe. Despite relatively rosy macroeconomic projections for the whole EU, the gap between Italy and its European partners has increased five fold since 2014.
May 10, 2016

Shadow Economy Is Caused by Bad Government Decisions, Not “Bad” People

Over the past year, the shadow economy in Lithuania has decreased from 27% to 26% of the GDP. This is not surprising as, according to the same calculations, the shadow economy has been contracting for five consecutive years.