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Taxes offer an alternative to tariffs

Location:

INTERNATIONAL

Goods trade and redistribution.

Policy must look beyond pay to raise living standards

Location:

INTERNATIONAL

Elections have already given the public an opportunity to vent their anger about low wages and the scarcity of better job opportunities -- the former is prevalent among low-paid…

Rising state budget gaps could rein in the US rebound

Location:

UNITED STATES

Fiscal constraints limit the ability of US states to practise counter-cyclical fiscal policy, and some states and municipalities had budgetary troubles even before the pandemic…

Political value of social media will rise in Africa

Location:

AFRICA

Relatively low internet penetration rates (an average of 40% across the continent) and stark differences in digital access within and across states mask social media’s increasing…

Prospects for the US economy in 2021

Location:

PROSPECTS 2021

Ensuing restrictions cast doubt on the prospects for sustaining the impressive third-quarter GDP rebound in the next two quarters. The recovery of employment and consumption could…

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…

Russia's welfare policies need change to cut poverty

Location:

RUSSIA

Families with children have been the main beneficiaries of expanded government support during the pandemic. This has helped sustain consumption and mitigated the fall in real…

Low-growth economy will shape post-Obama US politics

Location:

UNITED STATES

Populist discontent with existing economic policies and anger about economic inequalities have featured in the US presidential struggle between Trump and Clinton. These anxieties…

More Turks could lose jobs as COVID-19 plays out

Location:

TURKEY

Hurriyet Editor-in-chief Ahmet Hakan has queried whether Turkey is becoming a society without class or privilege. Well-intentioned anti-crisis policies have widened inequalities…

The path of US inequality rests on political progress

Location:

UNITED STATES

Burgeoning international trade and skill-biased technological change has raised the fortunes of university graduates while lowering the prospects of those with less education…