News
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
July 16, 2025
No Comments
Article & News
Author: GECMagz
Development
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,
July 16, 2025
No Comments
Economy
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
July 16, 2025
No Comments
Finance
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
July 16, 2025
No Comments
International Trade
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
July 16, 2025
No Comments
Banking
Banking crises have repeatedly inflicted serious damage on the real economy. This column discusses a new proposal for a public liquidity backstop in Switzerland to
July 15, 2025
No Comments
Finance
Moody’s downgraded the US Treasury from top notch by one notch. This second in a series of three columns describes how, for a generation, economists
July 15, 2025
No Comments
Innovation
Amid geopolitical shocks, the EU is revisiting its industrial strategy. However, traditional metrics often paint a misleading picture of Europe’s underlying strength. This column uses
July 15, 2025
No Comments
Economy
The causes and consequences of income and wealth inequality are central concerns in economic research and policy discussions. This column presents findings from the 2022
July 15, 2025
No Comments
Economy
Geopolitical risk is on the rise worldwide, playing a critical role in shaping macroeconomic and financial developments, including output, inflation, and financial stability (e.g. Attinasi
July 9, 2025
No Comments