Breaking Through the Low-Income Ceiling

The most prosperous of civilizations were the most open. The Romans, for example, expanded their empire by integrating the populations they conquered, creating a melting pot of new ideas. Johan Norberg's latest book, Peak Human, examines the rise and fall of seven golden age civi ...  Show more

There is strength in numbers, and the idea of European integration through a single market was to capitalize on the EU as a whole. However, the single market is a product of the early 90s, and EU member states now appear reticent to pool sovereignty to the degree required to coun ...  Show more

L’économie du développement, c’est l’économie qui s’intéresse aux pays qui ont des niveaux de revenus par habitant relativement modestes. On a une classification en quatre niveaux de revenus : faibles, moyen-faibles, moyen-élevés et riches. Ou peut donc considérer que l’économie ...  Show more

Japan's economy has been stagnant for 2 decades, and while some economists look at this as an outlier, it might be something that just happens to all advanced economies, and Japan just got there first. After suffering the "lost generation", can Japan come back and recover growth, ...  Show more

Across the economy, the outlook is for slower growth.  Slower growth in demand, in employment, in profits and in inflation.  Recession is by no means certain.  However, a slow-growing economy is rather like a slow-moving bicycle – the slower its moves, the easier it is to topp ...

The past few years have been marked by two economic trends that have affected pretty much everyone on the planet. The first is the cost of living crisis that followed the Covid pandemic and was made worse by Russia’s invasion of Ukraine. That saw prices in the shops soar - in man ...  Show more