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Political Economy

February 26, 2021

Why northern Europe is so indebted

Martino Comelli You might think the US would be world champion of household debt, yet the highest private indebtment has always been in the Nordic countries, where inclusive welfare makes debt into an investment. But debt takes on different forms, writes Martino Comelli, and gerontocratic welfare and consumer credit is a burden for those in other nations Read more
February 5, 2021

‘Austerity by stealth’: How the socialist government in Portugal managed electoral success and deficit reduction

Catherine Moury While socialist parties in Europe struggle in times of austerity, the Portuguese left has found a winning strategy, write Catherine Moury and Elisabetta de Giorgi. Combining discrete austerity measures with some visible anti-austerity ones, they have managed to please constituency and supporting partners alike Read more
November 27, 2020

A deal built to last post-Brexit? The sustainability of the new UK-EU relationship

Andrew Glencross A UK-EU free trade agreement can attenuate the sovereignty debate that spawned Brexit, writes Andrew Glencross. But Brexit will replace an institutionally robust relationship with one that is far more sensitive to public opinion and political partisanship Read more
November 20, 2020

Putinomics and Covid-19 is slowly killing Russia’s economy

Albrecht Rothacher The impact of Covid-19 has laid bare the structural weaknesses of the Russian economy, dependent as it is upon nefarious practices and long-term assumptions about perennial growth in the world market for oil and gas, writes Albrecht Rothacher. And in the face of rising Chinese competition, future prospects are bleak Read more

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