“Why Egypt is not on a path to end its long struggle with poverty” By Mahmoud Farouk, courtesy of Atlas Network In 1979, Fouad Ajami wrote that Egypt finds herself between her “pride and place, between her limited material resources and her unbounded psychological esteem for herself, between her old glory and her current poverty.” […]
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Is there a more rational (and humane) way to evaluate development outcomes?
“Alternatives to the New Scientism in Development Economics” By Matt Warner, courtesy of Atlas Network When Abhijit Banerjee and Esther Duflo were announced as two of this year’s Nobel Prize winners, it prompted a fresh flurry of public critiques of their work in development economics. From voices as diverse as Oxfam’s Duncan Green […]
Overturning trade preferences would hurt U.S. consumers, undercut developing countries
U.S. retailers and clothing brands are asking Congress to overturn the bipartisan foundation of our economic partnership with Africa, the African Growth and Opportunity Act (AGOA), a bipartisan effort to help unlock the continent’s vast potential, warn Whitaker Group CEO Rosa Whitaker and former US Textile Negotiator Gail Strickler in an op-ed published […]
UK election: after Conservative sweep, what’s next for Brexit and beyond?
“What does the Conservative election victory mean for Brexit?” By Dominic Walsh and Stephen Booth, courtesy of Open Europe Boris Johnson’s Conservatives secured a comfortable parliamentary majority in yesterday’s general election. With just one seat left to declare, the Conservatives have 364 seats – a majority of 78. Labour have won just 203 […]
FinTech: Not so innovative after all?
“FinTech Companies; little innovation and no reform of banking” By Gordon Kerr, Cavin O’Driscoll, and Enrico Colombatto, courtesy of IREF New entrants into every aspect of banking were encouraged by two recent regulatory developments: the Open Banking initiative and the ‘sandboxing’ exemptions from regulations. Open Banking, part of the Payment Services Directive […]
Breaking the “black zero”: Germany has room to spend more
“How much space for fiscal expansion? Germany falls victim to ‘output gap nonsense’” By Philipp Heimberger, courtesy of WIIW The German economy is in a downturn. The growth rate is currently among the lowest in the euro area, and numerous economic research institutes have revised their forecasts downwards. German industry is already in recession. In […]
The Jones Act: An Important Capability We Must Protect
By Cdr. Rich Kavanaugh (Ret), former Chief of Regional Affairs, Office of International Affairs at U.S. Coast Guard During World War II, the U.S. Merchant Fleet consisted of 4,221 ships and there were 221 shipyards operating in the U.S. This capability allowed for the largest movement of war materials in the history of […]
America’s multiemployer pension system is failing and must be reformed
By George Landrith, President and CEO, Frontiers of Freedom The nation’s multiemployer pension system is legally obligated to provide retirement benefits to over 10 million American families. But the system is in crisis. About 125 multiemployer plans will be financially insolvent in as few as two or three years. And over the next two […]
How about we stop budgeting by crisis?
“AFP Calls on Congress to Stop Budgeting by Crisis as Funding Deadline Looms” Courtesy of Americans for Prosperity As Congress moves ahead with another continuing resolution (CR), Americans for Prosperity (AFP) outlining an alternative to stop-gap funding bills and budgeting by crisis. Year after year, Washington brings America to the brink of a […]
Quebecers receptive to competition in healthcare
“Health care: Quebecers more open to competition for better access” Courtesy of MEI While governments keep shovelling billions of dollars into the country’s health care systems, and results continue to disappoint, a strong majority of Quebecers are open to entrepreneurship in order to alleviate the lack of service, all while maintaining the universal […]