Threats to economic growth and financial stability, not to mention safety and national borders, are proliferating around the world. The Eurasia Group rounds up some of the biggest risks facing our beleaguered planet in 2019.
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COVID-19’s reality shock for external-funding dependent emerging economies
Posted on Author Erik Sass
By Alicia García-Herrero and Elina Ribakova, courtesy of the Bruegel Institute COVID-19 is by far the biggest challenge policymakers in emerging economies have had to deal with in recent history. Beyond the potentially large negative impact on these countries’ fiscal accounts, and the related solvency issues, worsening conditions for these countries’ external funding are […]
UK should tax income from wealth like work income
Posted on Author Erik Sass
The UK should rationalize its tax system with reforms that would treat income derived from wealth (e.g. capital gains from stock holdings) the same as income derived from work, argues Shreya Nanda in an op-ed for CapX. While it will hardly be popular with rich […]
Germany must finally spend more, very carefully and precisely
Posted on Author Erik Sass
“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 […]