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Europe is worried about low and declining productivity growth. Most politicians and experts have a simple solution: more high-tech investments and more education, especially for young people. But it is questionable whether this proposed fix is realistic or will bring about the desired outcome. The educational visions that...
Professor Enrico Colombatto
After Greece obtained its third bailout last summer, Europe turned its attention to other crises. But it would be naive to conclude that the sovereign debt crisis is over. The Greek drama is still far from a happy ending; in Portugal and Spain, fragile left-wing governments may want to abandon austerity and roll back reforms; France has declared a state of economic...
Dr. Michael Wohlgemuth
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. ...
CHINA’S controversial one-child policy, originally introduced to alleviate food shortage problems and raise living standards, has received substantial support from citizens for the most part of the three decades it has been in place. Yet cracks are beginning to emerge from within. GIS guest expert Yuen Sin says signs point to a population both ageing and in decline...