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Rising US joblessness and social discord threaten GDP

Location:

UNITED STATES

Rates of disability fell from 2010 to early 2020 and rates of drug overdoses began to stabilise as the persistently unemployed were drawn back into employment, particularly…

UK employment and nominal wage growth will weaken

Location:

UNITED KINGDOM

However, vacancies are now falling in most sectors. The job market will weaken this year and appears to be structurally weaker than it was in the 2010s, with higher levels of…

Mental illness is rising among young US adults

Location:

UNITED STATES

Proposition 1, backed by Governor Gavin Newsom, was partly prompted by the rise in homelessness in Los Angeles linked to the inability of mental health services to keep up with…

Puerto Rico's new budget should raise prospects

Location:

PUERTO RICO

Despite consensus over last year’s budget, repeated delays forced the Board to act when no agreement was reached this time. The balanced budget, which was subsequently confirmed…

Presidential handover in Philippines would be messy

Location:

PHILIPPINES

Possible scenarios if Philippine president were to step down for health reasons.

New COVID-19 variants will keep distancing relevant

Location:

INT

Yet it is still difficult to predict what new variants may emerge or what their impact might be. Extreme disparity in vaccine coverage has resulted in a complex demographic of…

Duda’s second term will entrench PiS hold on Poland

Location:

POLAND

The stakes in Poland’s presidential election were very high and concerned mostly who should wield the presidency’s veto powers. If the opposition had prevailed, it would have…

Government is unlikely to overhaul Poland’s tax regime

Location:

POLAND

This continues the policy preference -- out of line with Poland’s peers -- for indirect taxes on goods and services, including a relatively high value-added tax (VAT) rate. The…

Australian budget curbs spending but dodges reform

Location:

AUSTRALIA

This seventh successive monthly increase takes the RBA’s benchmark cash rate to a nine-year high. With inflation now expected to exceed even the more recent RBA forecasts, further…

Social mobility will fall for China’s disadvantaged

Location:

CHINA

Social mobility in China.