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Prime Minister Matteo Renzi promised to turn Italy inside out, jump-start economic growth and reduce unemployment. But during almost two years in office, he has introduced only one significant economic reform, the so-called “Jobs Act.” The outcome has been mixed, and certainly below expectations. This does not mean Mr. Renzi is on the wrong track. ...
Professor Enrico Colombatto
Today’s relatively low price of oil seems to have reconciled the otherwise conflicting interests of the world’s largest producers and consumers. Organizations representing these two groups have warned of negative repercussions, including a price spike that could follow from lower investment. However, the relationship between oil prices, investment and future supply...
Dr. Carole Nakhle
Michelle Bachelet is vowing not to give up on the social overhaul of Chile’s free-market model that won her a second term as the country’s president in 2013. Yet the collapse of global copper prices has largely deprived her of the money to pay for the reforms, while a financial scandal has cost her political clout. President Bachelet’s biggest challenge in 2016 wil...
Dr. Joseph S. Tulchin