SOUTH KOREA/JAPAN: Moon seeks forced labor truce in Olympic diplomacy bid
South Korean President Moon Jae-in’s administration has continued its diplomatic overtures to the Japanese government after sending National Intelligence Service (NIS) director Park Jie-won to Tokyo for talks with Prime Minister Yoshihide Suga and other senior leaders earlier t… Become a member to read the rest of this article Username or E-mail Password Remember Me […]
MACRO: Policy responses to Covid-19
Below is this week’s updated table on the health and economic policies that selected governments around the world are implementing to counter the fallout from Covid-19. Please do not hesitate to contact us if you want to discuss any of the countries mentioned in more detail. Cl… Become a member to read the rest of […]
CZECH REPUBLIC: Weakened by the pandemic, Babis faces challenging 2021
The Covid-19 pandemic has eroded public support for the ruling Action of Dissatisfied Citizens (ANO) and parties supporting the government. The proposed tax breaks in the 2021 budget could boost domestic consumption in the near-term but heighten fiscal challenges in the long… Become a member to read the rest of this article
CHINA: State-owned enterprise defaults are a blow against moral hazard
An unprecedented wave of bond defaults by state-owned enterprises is challenging the longstanding assumption that such debt carries an implicit government guarantee. The recent default wave largely reflects local governments’ decreasing willingness and ability to provide bai… Become a member to read the rest of this article
UK: The electoral politics behind the fiscal debate
Ahead of the chancellor’s 25 November spending review, the UK’s future fiscal and economic trajectory is again in the spotlight. The departure of Brexit mastermind Dominic Cummings from Downing Street has, in many quarters, fueled hopes for a quick return to the more benign … Become a member to read the rest of this […]