Article & News

Author: GECMagz

Banking
The US is in worse fiscal shape than Italy

By the standard debt-to-GDP measure, the US is in somewhat better fiscal shape than Italy: Italy’s ratio is 135%; the US ratio is 123%. But

Economy
The sentiment channel of fiscal policy

A common view is that fiscal policy operates not only through direct demand effects, but also by boosting business optimism and therefore investment. This column

Development
The narrowing path: Trade and development in a new era

In recent decades, many developing countries – particularly in East Asia during the 1990s era of ‘hyper-globalisation’ – experienced unprecedented growth that economists have credited