In mid-September former ECB President Mario Draghi published a 400-page report recommending changes necessary to boost the EU’s competitiveness. Although couched in broadly positive language, the document did little to…
economic growth
“Shocking data”: according to the Corriere della Sera, the main Italian newspaper, “the cold has disappeared” as a result of climate change and last year, the Guardian tells us, heatwaves…
A few days ago, the Italian leading business newspaper, Il Sole 24 Ore, published an article on economic growth in Europe. The article offered several interesting insights. Notably, it emphasized…
The so-called BRICS have become a formidable collective force with a shared ambition to reshape the prevailing global order and bring about a multipolar world where power is distributed more…
Trade protectionism involves restraining imports through various policy measures including tariffs, quotas, and subsidies to protect domestic industries from foreign competition. On the other hand, cronyism refers to the practice…
The Arab world is known for its rich history and diverse culture. Yet, it faces significant hurdles on its path to economic development. In the last two decades, the Arab…
Although the global economic performance shows signs of improvement, growth remains fragile. Certainly, lower energy costs contribute to slowing down the rise in prices and this is good news for…
La Niña has gone, and El Niño is back. They are natural phenomena originating in the Pacific Ocean and affect the weather all around the world. La Niña cools global…
Background Global economic activity is expected to slow down because of record-high inflation, large public budget deficits and debts, conflicts between monetary and fiscal policy targets, and lower central banks’…
According to the latest statistics, the economic growth in the United Kingdom has reached 3% (annual rate) in the last quarter of 2013. This is the highest rate since 2007. For comparison, the French growth was 0.3% yoy (2013).