One of the most surprising and promising political developments of recent decades has been the rise of democracy across Africa, holding out hope that the rule of law, investment and economic growth would soon follow. But these young democracies remain fragile, and nowhere is the […]
A decade after the global financial crisis and ensuing economic downturn, how has Europe changed? Well, not as much as you might expect, according to Matthew Edwards, writing for the Austrian Economics Center. Analyzing data from the OECD and Eurostat, Edwards finds surprisingly little difference from pre-crisis conditions… and unfortunately what has changed […]
“Removing fossil fuel subsidies reduces emissions with limited impacts on economic activity and household incomes Courtesy of ESRI New ESRI research examines how removing eight fossil fuel subsidies would impact both the economy and carbon emissions. It finds that simultaneously removing seven of them — all but the household fuel allowance — would […]