The Impending Danger: High National Debt Restricts Government Action and Triggers Financial Crises
A Closer Look at the Looming Economic Threat and Strategies for Mitigation In the corridors of power and finance, a growing concern casts its shadow over nations worldwide - the ominous specter of high...
UK bonds have hit a 25-year high – here’s what that means for the economy
David McMillan, University of Stirling - It’s been more than a year since the UK economy was thrown into crisis after then-prime minister Liz Truss suggested making a wealth of unfunded tax cuts...
Successful Comebacks and Ongoing Struggles in South America’s Economy
As South America begins to emerge from the turmoil of the COVID-19 pandemic, the region’s economic recovery has been a story of divergence — some countries are rebounding quickly while others continue to struggle with persistent roadblocks that stymie growth. Three of the continent’s largest economies — Brazil, Chile and Argentina — provide contrasting stories of recovery, influenced by particular challenges and domestic responses. In Brazil, the economic rebound has been no smooth ride. Brazil, the largest economy in Latin America, was severely affected by the pandemic, experiencing a steep decline in GDP and an increase in poverty levels. But since President Luiz Inácio Lula da Silva came to power,...
Inflation in the EU will fall faster and economy grow more slowly, new forecast says
The Commission’s new forecast for the EU economy points to lower growth rates than anticipated in 2023. Inflation will also speed up its current downward trend this year....
The Silicon Valley venture capitalists who want to ‘move fast and break things’ in the defence industry
Elke Schwarz, Queen Mary University of London I’m a propagandist, I’ll twist the truth, I’ll put forward only my version of it if I think that’s going to propagandise people...
Taxes on e-cigarettes: South Africa must strike a balance between economic arguments and health concerns
Marius van Oordt, University of Pretoria - The 21st century has seen a massive expansion in the ways that people can consume tobacco and nicotine. Innovative new products include electronic nicotine delivery systems (“ENDS” or e-cigarettes) and heat-not-burn (HnB) products. One of the challenges this has thrown up is the tax rates on these products. Combustible tobacco products like cigarettes and...
“Creating Prosperity Together”: How the social economy model saved the English city of Preston
For a long time, Preston was the centre of industry in England. But when the city’s big companies decided to move production to low-wage countries, the economy collapsed and Preston plunged into a...
Inflation in the EU will fall faster and economy grow more slowly, new forecast says
The Commission’s new forecast for the EU economy points to lower growth rates than anticipated in 2023. Inflation will also speed up...
