Suchergebnisse

Traditionally Lithuania's public finances are discussed in terms of tax burden and tax administration. Such issues as composition of tax revenues or the structure of public expenditure for some reasons are less atractive both for economists, journalists, politicians and general public at large. The purpose of this article is to fill this gap doing it in the political, cognitive and ideological context existing in our country. The subject is explored in the framework of methodological holism.

Traditionally Lithuania's public finances are discussed in terms of tax burden and tax administration. Such issues as composition of tax revenues or the structure of public expenditure for some reasons are less atractive both for economists, journalists, politicians and general public at large. The purpose of this article is to fill this gap doing it in the political, cognitive and ideological context existing in our country. The subject is explored in the framework of methodological holism.

Traditionally Lithuania's public finances are discussed in terms of tax burden and tax administration. Such issues as composition of tax revenues or the structure of public expenditure for some reasons are less atractive both for economists, journalists, politicians and general public at large. The purpose of this article is to fill this gap doing it in the political, cognitive and ideological context existing in our country. The subject is explored in the framework of methodological holism.

Traditionally Lithuania's public finances are discussed in terms of tax burden and tax administration. Such issues as composition of tax revenues or the structure of public expenditure for some reasons are less atractive both for economists, journalists, politicians and general public at large. The purpose of this article is to fill this gap doing it in the political, cognitive and ideological context existing in our country. The subject is explored in the framework of methodological holism.

[full article and abstract in Lithuanian; abstract in English] Lithuanian economy, over the last century, has been subject to significant changes and various vicissitudes. After restoring its independence (1918), Lithuania had to start everything from the very beginning, i.e. as soon as possible to commence the development of its own economy under challenging and complex political conditions. Small and medium-sized business, crafts, retail trade were the first significant changes. Unfortunately, Lithuania, at that time, was missing its own independent, entrepreneurial, life-innovation-sensitive entrepreneurs' layer. The foregoing was determined both by objective (the global economic crisis) and subjective (lack of working capital, negligible purchasing power, public institutions' red tape, etc.) reasons. The inter-war period was too short for Lithuania's economy to obtain the best possible results though certain conditions were ensured, and much solid work was done in the field of social policy. Current politicians and economists still have what to learn from that time political insight, economic rationality, legislative technique. Unfortunately, the Second World War and the subsequent authoritarian character of the Soviet Union's economy influenced the nature of Lithuania's economy, irrational attitude towards its changes taking place at that time. For very many, restoration of independence was unexpected. It was necessary to start managing Lithuanian economy in the absence of almost any practical, scientific expertise and input so that to begin objective and significant economic reforms. In order to focus on European management standards, Lithuania should substantially improve its management in all activity fields. Unfortunately, Lithuania's science is still lacking the applied research orientation, natural connection of theory and practice. Becoming a Member State of the European Union, we should manage to realize ourselves. Only universal prosperity, high level of cultural and well educated youth, as well as proper and sufficient understanding of democracy ideals will enable Lithuania to speed up its efforts and to become a full member of the free EU. Marginal efficiency theory, Keynesian view, neoclassical attitude towards economics, Monetarism, Neoliberalism and institutionalists' attitudes, hopefully, will promote the efforts to form a base of uniform researches, favorable for political scientists and economists. Creation of macroeconomics, undoubtedly, is a major achievement of the 20th Century economics. Nobel Prize Laureates: Milton Friedman, James Tobin, Franco Modigliani, Lawrence R. Klein, Robert M. Solow and other famous scientists are the most prominent contributors in this field. Regretfully, the reverse process still often happens on the Lithuanian revival path: fragmentation of social sciences, i.e. theoretical researches are prevailing over the empirical studies in the field of social sciences abroad. Lithuania, however, is still lacking the same. The number of successors of the interwar-period intellectuals (D. Cesevičius, D. Budrys, P. Padalskis and others) is alarmingly low. Current economists do not have enough consistency and are not well prepared from the theoretical point of view. In my opinion, teaching assignments of the mathematized economic theory for the 21st Century's future economists shall be notably reinforced and enhanced. Furthermore, they should be able themselves not only to interpret such theories, but also to create new ones. Full symbiosis of the economic theory and practice is of vital importance.

[full article and abstract in Lithuanian; abstract in English] Lithuanian economy, over the last century, has been subject to significant changes and various vicissitudes. After restoring its independence (1918), Lithuania had to start everything from the very beginning, i.e. as soon as possible to commence the development of its own economy under challenging and complex political conditions. Small and medium-sized business, crafts, retail trade were the first significant changes. Unfortunately, Lithuania, at that time, was missing its own independent, entrepreneurial, life-innovation-sensitive entrepreneurs' layer. The foregoing was determined both by objective (the global economic crisis) and subjective (lack of working capital, negligible purchasing power, public institutions' red tape, etc.) reasons. The inter-war period was too short for Lithuania's economy to obtain the best possible results though certain conditions were ensured, and much solid work was done in the field of social policy. Current politicians and economists still have what to learn from that time political insight, economic rationality, legislative technique. Unfortunately, the Second World War and the subsequent authoritarian character of the Soviet Union's economy influenced the nature of Lithuania's economy, irrational attitude towards its changes taking place at that time. For very many, restoration of independence was unexpected. It was necessary to start managing Lithuanian economy in the absence of almost any practical, scientific expertise and input so that to begin objective and significant economic reforms. In order to focus on European management standards, Lithuania should substantially improve its management in all activity fields. Unfortunately, Lithuania's science is still lacking the applied research orientation, natural connection of theory and practice. Becoming a Member State of the European Union, we should manage to realize ourselves. Only universal prosperity, high level of cultural and well educated youth, as well as proper and sufficient understanding of democracy ideals will enable Lithuania to speed up its efforts and to become a full member of the free EU. Marginal efficiency theory, Keynesian view, neoclassical attitude towards economics, Monetarism, Neoliberalism and institutionalists' attitudes, hopefully, will promote the efforts to form a base of uniform researches, favorable for political scientists and economists. Creation of macroeconomics, undoubtedly, is a major achievement of the 20th Century economics. Nobel Prize Laureates: Milton Friedman, James Tobin, Franco Modigliani, Lawrence R. Klein, Robert M. Solow and other famous scientists are the most prominent contributors in this field. Regretfully, the reverse process still often happens on the Lithuanian revival path: fragmentation of social sciences, i.e. theoretical researches are prevailing over the empirical studies in the field of social sciences abroad. Lithuania, however, is still lacking the same. The number of successors of the interwar-period intellectuals (D. Cesevičius, D. Budrys, P. Padalskis and others) is alarmingly low. Current economists do not have enough consistency and are not well prepared from the theoretical point of view. In my opinion, teaching assignments of the mathematized economic theory for the 21st Century's future economists shall be notably reinforced and enhanced. Furthermore, they should be able themselves not only to interpret such theories, but also to create new ones. Full symbiosis of the economic theory and practice is of vital importance.

[full article and abstract in Lithuanian; abstract in English] Lithuanian economy, over the last century, has been subject to significant changes and various vicissitudes. After restoring its independence (1918), Lithuania had to start everything from the very beginning, i.e. as soon as possible to commence the development of its own economy under challenging and complex political conditions. Small and medium-sized business, crafts, retail trade were the first significant changes. Unfortunately, Lithuania, at that time, was missing its own independent, entrepreneurial, life-innovation-sensitive entrepreneurs' layer. The foregoing was determined both by objective (the global economic crisis) and subjective (lack of working capital, negligible purchasing power, public institutions' red tape, etc.) reasons. The inter-war period was too short for Lithuania's economy to obtain the best possible results though certain conditions were ensured, and much solid work was done in the field of social policy. Current politicians and economists still have what to learn from that time political insight, economic rationality, legislative technique. Unfortunately, the Second World War and the subsequent authoritarian character of the Soviet Union's economy influenced the nature of Lithuania's economy, irrational attitude towards its changes taking place at that time. For very many, restoration of independence was unexpected. It was necessary to start managing Lithuanian economy in the absence of almost any practical, scientific expertise and input so that to begin objective and significant economic reforms. In order to focus on European management standards, Lithuania should substantially improve its management in all activity fields. Unfortunately, Lithuania's science is still lacking the applied research orientation, natural connection of theory and practice. Becoming a Member State of the European Union, we should manage to realize ourselves. Only universal prosperity, high level of cultural and well educated youth, as well as proper and sufficient understanding of democracy ideals will enable Lithuania to speed up its efforts and to become a full member of the free EU. Marginal efficiency theory, Keynesian view, neoclassical attitude towards economics, Monetarism, Neoliberalism and institutionalists' attitudes, hopefully, will promote the efforts to form a base of uniform researches, favorable for political scientists and economists. Creation of macroeconomics, undoubtedly, is a major achievement of the 20th Century economics. Nobel Prize Laureates: Milton Friedman, James Tobin, Franco Modigliani, Lawrence R. Klein, Robert M. Solow and other famous scientists are the most prominent contributors in this field. Regretfully, the reverse process still often happens on the Lithuanian revival path: fragmentation of social sciences, i.e. theoretical researches are prevailing over the empirical studies in the field of social sciences abroad. Lithuania, however, is still lacking the same. The number of successors of the interwar-period intellectuals (D. Cesevičius, D. Budrys, P. Padalskis and others) is alarmingly low. Current economists do not have enough consistency and are not well prepared from the theoretical point of view. In my opinion, teaching assignments of the mathematized economic theory for the 21st Century's future economists shall be notably reinforced and enhanced. Furthermore, they should be able themselves not only to interpret such theories, but also to create new ones. Full symbiosis of the economic theory and practice is of vital importance.

[full article and abstract in Lithuanian; abstract in English] Lithuanian economy, over the last century, has been subject to significant changes and various vicissitudes. After restoring its independence (1918), Lithuania had to start everything from the very beginning, i.e. as soon as possible to commence the development of its own economy under challenging and complex political conditions. Small and medium-sized business, crafts, retail trade were the first significant changes. Unfortunately, Lithuania, at that time, was missing its own independent, entrepreneurial, life-innovation-sensitive entrepreneurs' layer. The foregoing was determined both by objective (the global economic crisis) and subjective (lack of working capital, negligible purchasing power, public institutions' red tape, etc.) reasons. The inter-war period was too short for Lithuania's economy to obtain the best possible results though certain conditions were ensured, and much solid work was done in the field of social policy. Current politicians and economists still have what to learn from that time political insight, economic rationality, legislative technique. Unfortunately, the Second World War and the subsequent authoritarian character of the Soviet Union's economy influenced the nature of Lithuania's economy, irrational attitude towards its changes taking place at that time. For very many, restoration of independence was unexpected. It was necessary to start managing Lithuanian economy in the absence of almost any practical, scientific expertise and input so that to begin objective and significant economic reforms. In order to focus on European management standards, Lithuania should substantially improve its management in all activity fields. Unfortunately, Lithuania's science is still lacking the applied research orientation, natural connection of theory and practice. Becoming a Member State of the European Union, we should manage to realize ourselves. Only universal prosperity, high level of cultural and well educated youth, as well as proper and sufficient understanding of democracy ideals will enable Lithuania to speed up its efforts and to become a full member of the free EU. Marginal efficiency theory, Keynesian view, neoclassical attitude towards economics, Monetarism, Neoliberalism and institutionalists' attitudes, hopefully, will promote the efforts to form a base of uniform researches, favorable for political scientists and economists. Creation of macroeconomics, undoubtedly, is a major achievement of the 20th Century economics. Nobel Prize Laureates: Milton Friedman, James Tobin, Franco Modigliani, Lawrence R. Klein, Robert M. Solow and other famous scientists are the most prominent contributors in this field. Regretfully, the reverse process still often happens on the Lithuanian revival path: fragmentation of social sciences, i.e. theoretical researches are prevailing over the empirical studies in the field of social sciences abroad. Lithuania, however, is still lacking the same. The number of successors of the interwar-period intellectuals (D. Cesevičius, D. Budrys, P. Padalskis and others) is alarmingly low. Current economists do not have enough consistency and are not well prepared from the theoretical point of view. In my opinion, teaching assignments of the mathematized economic theory for the 21st Century's future economists shall be notably reinforced and enhanced. Furthermore, they should be able themselves not only to interpret such theories, but also to create new ones. Full symbiosis of the economic theory and practice is of vital importance.

This paper analyzes relationship between corruption and economic growth and results of empirical research about corruption level impact on economic growth in politically free and not free countries during the period of 1996–2013. The theme of corruption impact on different economic phenomena is not new. Rigorous study of corruption by economists was commenced in the 1980s. However, it was noticed that the number of research in corruption level impact on economic growth field is low. Most of existing research is not complex. Basic statistical methods, such as correlation analysis or binary linear regression analysis are used in most of research only. It was also noticed that only one measure of corruption is used in most of research. [.]

This paper analyzes relationship between corruption and economic growth and results of empirical research about corruption level impact on economic growth in politically free and not free countries during the period of 1996–2013. The theme of corruption impact on different economic phenomena is not new. Rigorous study of corruption by economists was commenced in the 1980s. However, it was noticed that the number of research in corruption level impact on economic growth field is low. Most of existing research is not complex. Basic statistical methods, such as correlation analysis or binary linear regression analysis are used in most of research only. It was also noticed that only one measure of corruption is used in most of research. [.]

This paper analyzes relationship between corruption and economic growth and results of empirical research about corruption level impact on economic growth in politically free and not free countries during the period of 1996–2013. The theme of corruption impact on different economic phenomena is not new. Rigorous study of corruption by economists was commenced in the 1980s. However, it was noticed that the number of research in corruption level impact on economic growth field is low. Most of existing research is not complex. Basic statistical methods, such as correlation analysis or binary linear regression analysis are used in most of research only. It was also noticed that only one measure of corruption is used in most of research. [.]

Wages and labour productivity are important economic indicators and their relationship is has been analysed not only by economists but also by employers and politicians. Relationship between wages and labour productivity is important for every region or economic sector since the standard of living and distribution of incomes between labour and capital depend upon it. The paper presents evaluation of the relationship between wages and labour productivity in Lithuania by regions and economic sectors. The results of performed analysis show that regional dissimilarities of labour productivity are greater than of wages. The correlation coefficient of wages and labour productivity analysed by regions and economic activities in 2005-2010 showed that dissimilarities of wages were higher than of labour productivity.

Wages and labour productivity are important economic indicators and their relationship is has been analysed not only by economists but also by employers and politicians. Relationship between wages and labour productivity is important for every region or economic sector since the standard of living and distribution of incomes between labour and capital depend upon it. The paper presents evaluation of the relationship between wages and labour productivity in Lithuania by regions and economic sectors. The results of performed analysis show that regional dissimilarities of labour productivity are greater than of wages. The correlation coefficient of wages and labour productivity analysed by regions and economic activities in 2005-2010 showed that dissimilarities of wages were higher than of labour productivity.