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fiscal policy

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An engineer tunes a robot at a factory in China
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Labor markets after Covid
Professor Enrico Colombatto
Professor Enrico Colombatto

The global economy is bouncing back from Covid-19 and gearing up to speed ahead. But as it races forward, forces in the labor market will further polarize workers. Those that have the hard skills to work with high-tech machinery and software will benefit, while those who do not will be pushed further down the wage ladder.

Former Treasury Secretary Larry Summers
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Recovery economics: Optimism or overheating?

Economists Larry Summers and Olivier Blanchard have long urged governments to engage in more stimulus but now have become critical of President Biden's spending plans. Though they are right that economic overheating and higher interest rates would be disastrous, at least the U.S. has an optimistic outlook – something that ...
A protest against tax increases in Colombia
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The worrisome mechanics of fiscal Illusion

Around the world, governments are finding ways to hide how much they are really taxing their citizens. Though these practices create a huge drag on economies, current political trends favor increased government spending. GIS expert Emmanuel Martin examines where this is taking us, and if the tide can be turned ...
 Dr. Emmanuel Martin
Dr. Emmanuel Martin
Employment rates of workers aged 55-64, Italy and the euro area
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Quantitative easing and the problem with pensions

European central banks’ quantitative easing policies have not only allowed governments to avoid reforming inefficient public pension programs, they have made private systems far less profitable. As a result, a huge financial burden is put on the young, who may soon decide their future retirement is a relevant political issue.
 Dr. Alberto Mingardi
Dr. Alberto Mingardi
Government debt-to-GDP ratios in Europe
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The hidden repercussions of public debt in the West

Europe and the U.S. share a common commitment to monetization: their central banks buy much of the debt issued by the government. However, while the share of European bonds in the hands of non-European investors is limited, the portion of U.S. Treasuries held abroad is significant. GIS economic expert Enrico ...
 Professor Enrico Colombatto
Professor Enrico Colombatto
French Senate
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New Opportunities 2021: Will France decentralize or recentralize?

In early 2020, France began considering government reforms meant to boost efficiency and reduce centralization. While the pandemic delayed the project, Paris will soon return to the task and attempt to give local governments more freedom. However, the plan could face backlash from the left, and could easily be derailed ...
 Dr. Emmanuel Martin
Dr. Emmanuel Martin

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Total health expenditure

Total health expenditure

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Problems at the European Central Bank
4 reports

Problems at the European Central Bank

Excluding the European Central Bank from the democratic process by law is supposed to protect it from political interference. Yet trouble has long simmered at of the world’s most independent central banks. Gain insight into the mechanics of its latest, most significant crisis with this special offer.
Regular price: 35.80, you save 16.11 in bundle
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19.69 EUR
France’s structural troubles
3 reports

France’s structural troubles

France’s problems, ranging from high unemployment to mediocre economic growth, to huge public debt and a bloated government sector, cast a shadow on its future role as a leading European power. Gain insight on the prospects for reforming the country with our special offer.
Regular price: 26.85, you save 12.08 in bundle
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14.77 EUR
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