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Pension insurance belongs among the most important areas of social security. In 2004, a new pension system has been introduced in Slovakia. The system before the pension reform was characterized by a great deal of solidarity. Since 2004, the government has tried to place the responsibility of the future income of old-age pensions on workers/inhabitants themselves. Even the last modification of the pension system attests the unpopular and superficial solution of this important topic. There are several options to se...

The effective use of production factors and their right combination is in focus of the economics and is an integral part of the economic practice. Defining of the efficient allocation of resources is very difficult, because the term efficiency has different meanings, in theory and in practice. The ability to assess properly the relationship between the factors of production and the subsequent production is a prerequisite for effective management of the company from the perspective of planning and optimizing of the...