With his 2024 Spring Budget, UK Chancellor Jeremy Hunt intends to deliver long-term growth through “more investment, more jobs, better public services and lower taxes.” The latest CfM-CEPR survey asked its panel to forecast the short-run effect of the announced national insurance contribution cut on the UK’s GDP, to predict whether the next government would […]
The global economic landscape warrants mainstreaming trade policy reform back into trade-related external support. In the golden age of Washington Consensus in the 1980s and the 1990s, whereby market-oriented economic reforms were advanced across the globe, non-discriminatory trade liberalization was part of international financial institutions’ (IFIs) typical policy prescriptions to developing countries. Eliminating quantitative restrictions […]