Tax shifts are widespread – often at the expense of the consumer – but governments do not always seem to be aware of the extent of such practice when they introduce new forms of taxation.
In February, the Bank of Spain published its statistics on the Spanish public debt, indicating that state liabilities reached 117.08% of GDP at the end of 2020.
The Index of Liberalisation unveils which countries rank best in economic liberalisation and provides insight on countries with the infrastructure to rebound quicker following this public health crisis.
Prior to the crisis triggered by the COVID-19 outbreak, the Lithuanian economy had been enjoying a rapid growth. Yet, while the number of available jobs had been increasing, the number of unemployed had remained steadily high.
With most of the world in a deep economic crisis due to coronavirus and the government reactions to it, knowledge of effective crisis policy has become salient.
The International Tax Competitiveness Index (ITCI) seeks to measure the extent to which a country’s tax system adheres to two important aspects of tax policy: competitiveness and neutrality.
For the third year in a row, the Lithuanian Free Market Institute and its partner organisations present the Employment Flexibility Index, that ranks a total of 41 countries that are members of the European Union (EU) or the Organization for Economic Cooperation and Development (OECD).
The idea of a Universal Basic Income (UBI) is currently the subject of much interest and discussion in the UK, with support and opposition from several parts of the political spectrum.