Politicians often wager their campaigns on big-ticket promises. Donald Trump rode to power in 2016 vowing to build a US–Mexico border wall, while Joe Biden’s
The introduction of value added taxes has been widely perceived as successful, boosting government revenue and stimulating industrialisation. This contrasts with the empirical finding that,
Forecasts play a pivotal role in fiscal policymaking. They are not simply attempts to predict the future but critical instruments that shape budgetary plans and
While the collapse of the Bretton Woods system in 1973 has traditionally been seen as heralding a major shift towards floating exchange rates, the extent
Services are becoming increasingly important in global trade. This column shows that strong growth in services trade was driven by a decline in non-tariff trade