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…
Publications
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…
Rail and public transports are usually deemed essential features for a well-functioning mobility system. How could we get around in our cities without buses, trams and metros? Wouldn’t there be…
As Donald Trump prepares to return to the White House, his proposed trade policies threaten to unleash economic chaos that could devastate American consumers, businesses and the global economic order.…
Keir Starmer wants to ‘re-set’ the UK’s relationship with the EU – but on what?
Introduction Keir Starmer, the UK’s Prime Minister, wants a ‘re-set’ in the UK’s relations with the EU. About what? Starmer has said that he cannot envisage the UK rejoining either…
European regulators have focused on climate change. Specifically, the mandating of a ‘green transition’ requiring a rapid take-up of electric vehicles, ending of the sale of petrol and diesel vehicles,…
Introduction The measures taken by the UK’s Labour Party since taking office in July 2024 will appear bizarre to most economists. They are based on a cluster of theories that…