economic growth

For much of the past decade, Europe has been weighed down by prolonged economic stagnation. Growth has slowed, productivity has stalled, and even the continent’s largest economies—Germany and France among…

Introduction The scale and servicing cost of government debt are both rising. This will increase the amount of money that governments will have to suck out of economies over the…

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…

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…

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…