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Britain will thrive after Brexit only if it dares to reform
Leaving the high-cost, bureaucratized European Union is not enough for the UK to unleash its entrepreneur potential, boost its share in global trade and return to high growth. To bring benefits, Brexit would need to be followed by bold liberal reforms: cutting taxes, rolling back government spending and reducing excessive, costly regulations.
The ever-ambiguous European Union project
The European Union’s ambiguity-ridden system is increasingly hard to sell to populations. Stranded in a no-man’s-land between a federal state and a confederation, today’s EU features neither sound democracy, nor prudent governance, nor a vibrant economy. A true federalist system could go a long way toward addressing these weaknesses, but it ...
The return of U.S. sanctions on Iran: consequences for the oil market
As the effects of reimposed U.S. sanctions are beginning to be felt in Iran, oil markets’ reaction has been measured. Tehran’s oil minister hopes that increased business with China will help his country protect its global market share.
Theresa May’s guardedly optimistic Brexit scenario
Under London’s current proposal, the United Kingdom could quit the European Union at midnight on March 30, 2019 largely unscathed, leaving behind a smaller, but cooperatively disposed community on the continent and the outstanding, complex divorce issues for settling later on. But then, there is the “cliff edge” scenario with ...
GIS Dossier: Europe’s migration impasse
The steady flow of migrants from the Middle East and Africa suddenly exploded in 2015 into the greatest crisis of its kind in Europe since World War II. How this happened and what the EU and national governments ought to do about it is examined in this survey of work ...
