INDONESIA: Doubling down on state enterprises
Indonesia is allocating a substantial amount of stimulus money to its state-owned enterprises.The government likely sees state firms as playing an important role in maintaining economic stability.The longer-term outcomes could be mixed, however, given the political pressures on … Become a member to read the rest of this article Username or E-mail Password Remember […]
US/CHINA: Uighur, Tibet human rights bills reflect rising anti-China sentiment
US President Donald Trump is likely to sign the Uyghur Human Rights Policy Act in the coming days, and similar legislation focused on Tibet is also moving through the US Congress. Progress on both bills is an illustration of how rapidly anti-China sentiment has escalated over ju… Become a member to read the rest […]
SPAIN: Sanchez’s “strange bedfellows” approach
The government of Prime Minister Pedro Sanchez will obtain a large majority in parliament on 3 June to approve the sixth and last 15-day extension of the state of emergency.Absent a significant rebound in Covid-19 infections, the next signpost for the minority government will be… Become a member to read the rest of this […]
CHILE: Push for political consensus reflects a difficult period ahead
Within a fortnight, the government and opposition parties are aiming to reach a cross-party political agreement on economic support and reactivation measures and a fiscal strategy for the next 18 months. The need for an agreement has become increasingly necessary amid the worsen… Become a member to read the rest of this article
Global Letter: The economic cost of recessions
Recessions not only reduce output: they also reduce productive potential It is a good moment to reflect on the teachings of those with long experience of recessions. One master was J. C. R. Dow, 1 in his definitive Major Recessions: Britain and the World, 1920-1995. 2 … Become a member to read the rest […]
ARGENTINA: THE WEEK AT A GLANCE
Editorial: What Does a Good Deal on Public Debt Entail? We must call a spade a spade: we are in default. Neither technical nor anecdotal, simply in default. It could be an anecdote if there is an agreement with creditors in the next few weeks. This is the ninth default in the… Become a […]