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Significance of Self-employment in Latvia
|1.||Latvia labour market characteristics||5|
|2.||Latvia business environment rating||8|
|3.||Significance of self-employment||9|
1. Self-employment and entrepreneurship promotion is one of the instruments that government can use to stimulate economic growth and unemployment reduction in the country.
2. Self-employment is the simplest form of business to improve labour market performance.
3. Self-employment satisfies human need for self-determination, becoming independent, gaining autonomy regardless of age.
4. Important role in self-employment promotion is human motivation, positive thinking and the willingness to work for one’s their own and as the result living standards in the country as a whole are improved.
5. Self-employment is the first step to setting up a business for the people who desire to establish a business.
- Advantages and Disadvantages of Pregressive Income Taxation and Fixed Tax Rate System
- Significance of Self-employment in Latvia
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