The forthcoming US election is a momentous one. Many in the US argue that it is the most important US election in living memory for several reasons. Others abroad agree because who becomes President has enormous potential consequences not just for the US, but for the rest of the world. From an economic perspective, the …
Quantitative Easing and the risks of rising wealth inequality
In the face of unprecedented actions to safeguard public health, government-mandated lockdowns have seen global economies in free-fall. In response, central banks have embarked on several innovative monetary and fiscal measures. Official short-term interest rates were cut to record lows in most advanced economies. In some jurisdictions, like in the EU and Japan, rates have …
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Deal or no deal?
We need to talk about Brexit. July should have seen a Brexit deal ratified at the European Meeting of ministers. That did not happen. And, to state the obvious, at the time of writing, an agreement has not been made. And, with PM Johnson publicly saying that no deal would be a ‘good outcome’, the …