Publications

Introduction Germany, by releasing its Debt Brake and borrowing more itself, will use up the capacity the markets rely on to bail out the euro. Markets complacently believe the €1.5…

When Donald Trump vowed to dismantle Washington’s bureaucracy, few expected Elon Musk to lead the charge. Yet, Musk now heads the Department of Government Efficiency (DOGE), a White House task…

Introduction Keir Starmer’s desire for a re-set of the UK’s relationship with the EU has ceased to be a two-dimensional, bilateral discussion with EU negotiators. It has become a four-dimensional…

Introduction The new USA government is about to introduce fresh elements into developments regarding monetary policy, banking and finance.  New tariffs and a ring of security measures will make an…

Introduction The European Central Bank (ECB) issued its 2024 annual report on 20th February and revealed that it now has negative capital.1 What with the German elections delivering a stalemate,…

CBA is rarely used to evaluate public investments or policies. Environmental regulation is usually implemented by imposing limits and bans in the absence of evaluation. This is the case, for…

As is well known, in Western countries public spending represents today a high percentage of the gross domestic product. In Europe, it stands at around 50%. Cost-benefit analysis (CBA) has…

After decades of authoritarian rule and a 13-year civil war that left the country in ruins, Syria stands at a pivotal juncture in its history. The fall of the Assad…

Since their revival in the late 19th century, the Olympic Games have captivated global audiences. Cities often compete eagerly to host the Olympics, driven by promises of economic growth, infrastructure…