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…
economic growth
Europe’s Competitive Future, Continued Paralysis or Capital Markets Union and Greater Integration?
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…
“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’…