Economy

Created
Thu, 24/10/2024 - 04:51
“We must reshape our shared relationship with water, across borders and cultures, for sustainable, impactful, and just transitions,” says the global commission behind a new report. Decades of mismanagement of water resources, deforestation, and the fossil fuel-driven crisis of global warming have put “unprecedented stress” on the Earth’s water systems, according to a new report, Continue reading »
Created
Fri, 18/10/2024 - 04:53
Since the dawn of neoliberal policy time, at the start of the 1980s, the idea that the population must suffer short-term pain for the sake of longer-term gain has been frequently stated by government and senior public servants. It has been put again and again and still yet again, in recent times, by Reserve Bank Continue reading »
Created
Fri, 04/10/2024 - 04:50
Much more than a cyclical adjustment, Beijing’s latest policy shift marks a milestone in the history of its economic management. Beijing’s larger-than-expected market rescue plan announced last week is extraordinary in every way. The policies, from interest rate cuts to special funding schemes for the stock market, are significant. But investors are particularly excited about Continue reading »
Created
Tue, 01/10/2024 - 20:31
Project Syndicate 18th of September, 2024 “Shortly after taking office, the United Kingdom’s new Labour government announced the discovery of a massive shortfall in public finances. While much of the political debate has centered on the size of this fiscal hole, the real culprit is the set of arbitrary rules that British governments have imposed on themselves … Continue reading Britain’s Illusory Fiscal Black Hole