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…
Everyone wants to fight red tape – the European Union, governments, politicians. Well, at least according to their proclamations, party programs, and numerous conferences. Yet, bureaucracy is still a burden for both entrepreneurs and ordinary citizens. One of the reasons why the political “fight” has not achieved remarkable success in fighting the red tape, is a…
Imagine a world in which everything has to be approved by the parliament, and only then that thing might actually happen. In such a world, there would be no innovations. In a different kind of world, things change first and the laws follow. Recently, the news that the General Advocate has advised the Court of Justice of the EU to recognize Uber as…
What does ”Red Tape“ mean to an average small entrepreneur? Now entrepreneurs of Slovakia, Bulgaria, and the Czech Republic know the numbers! Organizing the means of production so as to provide an added value for the market is a challenging activity full of risks. An entrepreneur must daily contend with the changing needs of…
The Economy Ministry has been working on several measures and promises more. Slovakia’s economic and business sectors are thriving thanks to the generally positive development of its main trading partners. Economic growth has exceeded 3 percent and unemployment rates are hitting historical lows. However, employers are complaining about the lack of skilled labour force that…
