Issue 83 - 2012
Stable public finances require stronger business investment
26 March 2012
Economic recovery in Europe is being held back by the unprecedented weakness of business investment. Despite a secular decline in business taxation and labour market reforms that have boosted the power of capital relative to labour, the ratio of investment-to-GDP across the EU is at a 60 year low. Rather...
A new political bargain in Afghanistan
26 March 2012
Reports by official US agencies, such as the Government Accountability Office, make it crystal clear: the Afghan government is stealing money from the international community and from the Afghan people, on an alarming scale. US and European officials in Kabul are dismayed but seem paralysed: their response is to vow...
How to keep Britain in the EU
26 March 2012
At a time when some governments are pushing for a more integrated European Union, the British are becoming more eurosceptic. This contradiction increases the likelihood of Britain eventually leaving the EU – an outcome that, if current trends continue, is thoroughly plausible.
In the short term, Britain's decision in December to...
In the short term, Britain's decision in December to...