Economic trends
Growth, recessions, fiscal policy, monetary policy, currencies and global business deals. GIS experts provide forecasts and potential scenarios for all of the economic trends that shape geopolitics.
Disruptions on Economic trends
Europe adrift
Brexit is a symptom of the European Union’s internal disarray. In quick succession, the debt crisis, the Ukraine crisis and the migration crisis all challenged centralist visions of ever-deeper integration and soft-power expansion. The political mainstream’s abandonment of traditional values ...
Expanding state
A trend toward increased government influence in economies and personal life is curbing growth, and freedom, in many Western countries. The outsized role of government results in misplaced incentives, overregulation – which restrains markets and competition – and irresponsible budgetary ...
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Opinion: Harmful attempts to plan and regulate the global economy
Governments’ tendency to overtax the economy, overregulate it and misallocate resources by subsidizing losers, has been hurting economic growth, innovation and competitiveness in many parts of the world, including Europe. Now, officials are discussing novel ways to introduce such disastrous practices on the global level. Their excuse is an alleged need to tax internet companies more and block cryptocurrencies.
Modern Monetary Theory: The future of money?
Modern Monetary Theory (MMT) has become a popular philosophy among those who would have the government spend more. Traditional economics holds that MMT would lead to inflation, yet its proponents argue that the orthodoxy no longer applies. Though attractive for many across the political spectrum, it stems from some basic ...
Zimbabwe: Dashed hopes for meaningful change
After the 2017 coup d’etat ended the strong-arm rule of Robert Mugabe in Zimbabwe, his successor Emmerson Mnangagwa promised to fundamentally reform the bankrupt country and to open it to the world. A short-lived spurt of economic growth followed, but it turned into a deep contraction in 2019. The new ...
Learning the lessons of wasteful education spending
The OECD’s recent education scores underline once again how poorly schools are educating today’s youth – even despite significant spending increases. The results will probably spur further calls for more education funding so that students can stay in school even longer. Doing so, however, may not necessarily give students better ...
Airbus vs. Boeing: A dispute resolution crisis
Many expected the Airbus-Boeing trade conflict to be over by 2020, more than a decade after it began. However, the latest developments show that tensions could easily rise. The U.S. has not only turned down peace offers from the EU, it has also crippled the WTO, making it difficult for ...
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