Joe Biden’s first speech to a joint session of Congress, delivered as he approached his 100th day in office, clearly showed that this President aims to be transformational, not transitional. It set out his vision for a US society that allows people to prosper based on their abilities and one where those who do thrive …
US Election – an economic perspective
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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