By Manuel Llamas, courtesy of Libertad y Progreso In the first third of the 20th century, it was one of the ten wealthiest countries in the world, today it is 63 (IMF, 2017). Why? The answer is socialism. Argentina is one of the countries that has registered a greater economic deterioration during the last century. its transit […]
By Maria Demertzis, courtesy of the Bruegel Institute Necessary though it was, the temporary relaxation of state aid rules in the EU has brought grave unintended consequences. Through indiscriminate support, the EU is rapidly moving from an even playing field that promotes the “survival of the fittest” to a situation where only those […]
There is now a serious risk that escalating trade disputes between major global players will tip the world economy into recession, warns the Financial Times editorial board in a new op-ed published Friday. The FT opinion chiefs tally a number of ominous trends as we […]
