The recent United Nations Climate Change Conference (COP26) and the ongoing negotiations over US President Joe Biden’s social infrastructure bill, known as the Build Back Better Act, share an important feature. At the heart of …
Budget deficits used to be seen as proof of profligacy, but a new permissiveness has swept the world, partly in response to the Covid-19 pandemic, but also reflecting new economic thinking about the sustainability of …
Australia has a lot riding on the success of the Chinese authorities in containing the fallout from financially troubled developer Evergrande on China’s property market more generally. China’s property developers account for an astounding 20% …
The possibility of a military conflict between China and the US over Taiwan is receiving greater attention from both military strategists and political leaders, but there has been little focus on the likely economic consequences. …
When it comes to economic growth, Europe has been lagging behind the world’s other major economic powers—the United States and China—for some time. No surprise, then, that the old continent’s relative weight in the global …