Japan’s sovereign credit rating could fall one to three notches in the coming decade if the government does not implement a credible fiscal consolidation plan. This risk, which the ASEAN+3 Macroeconomic Research Office highlighted in …
China and Russia may be allies in autocracy, but their attitudes towards engagement with the global economy could not be more different. Whereas Vladimir Putin has devoted the past 20 years to making Russia’s economy …
Russian President Vladimir Putin aspires to be leader of the great power of Eurasia rivalling China to its east and the European Union and the United States to its west. Yet the latest analysis from …
The recent United Nations Climate Change Conference (COP26) and the ongoing negotiations over US President Joe Biden’s social infrastructure bill, known as the Build Back Better Act, share an important feature. At the heart of …
Budget deficits used to be seen as proof of profligacy, but a new permissiveness has swept the world, partly in response to the Covid-19 pandemic, but also reflecting new economic thinking about the sustainability of …




