With Brexit negotiations going down to the wire (again) it looks increasingly likely that the UK will “crash out” of the European Union without a deal if the EU refuses to grant another extension. This would be very damaging to the British economy and […]
Tag: gdp
Germany must finally spend more, very carefully and precisely
“Notorious” and “prudent” are not words often found together, but it is fair to say that Germany is notoriously prudent with its national finances, thanks to a longstanding rule requiring politicians to balance the federal budget — an unimaginable scenario in virtually any other country. The […]
We need more globalization, not less
After years when it was presented as an inevitable trend, globalization now seems to be everyone’s favorite political whipping boy, blamed for everything from rising inequality and unchecked immigration to global warming and fake news. But ending or even reversing globalization by erecting trade barriers would have a […]