What least developed Electrician Gifts Wife Design On Back Sweatshirt countries need first is the philosophy of economic freedom and private enterprise.
A Bosnian spring seems to have exploded. For days, people across the country protested against the Faith Over Fear Breast Cancer Awareness Ribbon Sweatshirt government and urged public servants to quit their jobs.
But then the demonstrations turned bad. Many buildings and streets burned. People and police were injured. Records stored in Bosnia’s bodies were engulfed in Feliz Navidad Spanish Christmas Funny Mexican Pinata T-Shirt flames. The entire administrative system is about to collapse. In a very bureaucratic country like Bosnia, the loss of documents meant a complete collapse.
Unlike elsewhere, these protests do not turn against a tyrant. People protest because they are Funny Emu Birds Xmas Gift Santa Hat Ugly Emu Christmas T-Shirt hungry – they don’t have jobs. Officially, about 40% of Bosnians are unemployed. Many people over the past 30 years have never had even one official working day.
The reason for this dark situation is clear. According to the Fraser Institute’s latest Economic I Love Bosnia And Herzegovina Bosnien Sweatshirt Freedom Report, in 2011 Bosnia ranked 91st out of 152 countries. The worst indicators are the size of government (ranked 122) and business rule (ranked 120).
Starting a business is a nightmare in Bosnia. The cost is huge. To sign up for a limited liability company takes GydiaGarden 2020 Merry Christmas Toilet Paper Funny Christmas 2020 Gift Tee for Men Women T-Shirt almost 3 months the average salary (average monthly 420 euros), and after signing up one has to pay an annual contribution of about one month’s average salary. In addition, at least two people must work at a minimum wage totaling 300 euros. Even the use of corporate volunteers has to pay – the company has to pay a minimum of about 100 euros per month to the state. And as if that weren’t enough, the seller must pay VAT before receiving money from his or her customers.
But the biggest nightmare is when the government inspector comes in and asks about your business. Small omissions can cost you a small fortune. My neighbor, a bakery that closed after an inspection found that the shop owner had not prepared a monthly summary of employee earnings for the tax authorities, even though he sent daily reports. The fine is 1000 euros, which God Jul Swedish Merry Christmas Sweden Tomte Gnome T-Shirt the owner cannot and does not want to pay. As a result, my neighbor lost the bakery, and the owner and his family returned to the labor market competing with others for a few available jobs. Shops, bars, and other businesses are closed because they do not meet regulatory space standards. This country, with less than 4 million people, has 65,000 blocked bank accounts for 40,000 companies.
The crony of government also posed a challenge, but unfortunately this gave rise to the need for more government intervention. In Tuzla, for example, about 600 people accused the government of ignoring the collapse of some state-owned enterprises after privatization and asked the government to save companies to ensure continued employment and wages of surname. In addition, many unemployed people demand that the government create jobs for them, ensure Goat Face Mask Goat Farm Family Quarantine Christmas 2020 T-Shirt all graduates have jobs, impose a one person / one job limit, provide universal health care. , and in general, for a better tomorrow. This is the standard impossible need of socialism and communism.
The protests across Bosnia show that people have had enough chaos, but their demands suggest they are mistaken in finding a solution. Should politicians agree to these questions, we will have an even heavier government.
What Bosnia and Herzegovina needed was recognized by the great economist Ludwig von Mises: The way for underdeveloped nations to become richer is not through material aid. Prosperity is not simply a matter of capital investment. It is a matter of mind, mind and ideology. What least developed countries need first is the philosophy of economic freedom and private enterprise.
If we don’t get there, the protests will not bring a better future for the people of Bosnia, but a worst future.