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…
Publications
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…
The United States and China have been investing large amounts of capital in artificial intelligence (AI) for years, with many of the resulting applications being in the military domain. The…
China admits it has massive shadow debts – creating a headache for the EU and UK, and a threat to their public credit ratings
Introduction The stimulus package for the Chinese economy, presaged by the People’s Bank of China in late September, has disappointed in its size and detail, but it has achieved something…
The European debate Last March, the European Parliament approved new rules on the weight and size of trucks: the total weight of single vehicles is now 44 tons (it…
China’s loosening of monetary policy is so small it could be missed but it both apes the mistakes of other central banks, and breaks the global agreements it has made with them
Introduction In September, the Chinese authorities announced a package of measures to stop the fall in real estate prices, encourage investment in assets other than real estate, and bolster share…
Vice President Kamala Harris recently unveiled her “Opportunity Economy” plan, a mix of populist and regulatory measures that intends to address the economic challenges that disproportionately affect middle-and low-income families.…