Catherine Moury, Stella Ladi, Daniel Cardoso and Angie Gago argue that bailed-out governments during the Eurozone crisis exercised more leverage than assumed. Despite international market pressure and creditorsâ€™ conditionality, bailed-out governments were able to advocate, resist, shape or roll back some of the policies demanded by the EUâ€™s Troika Read more
Surprisingly, left governments adopted more conservative fiscal policies than right governments in recent economic crises. Governments did not choose these policies freely; rather, the financial markets imposed them. Nonetheless, argues Damian Raess, they appear to have dire electoral consequences: left-leaning voters are increasingly voting with their feet Read more
The Biden administrationâ€™s plans to introduce a global minimum corporate tax rate, while bringing benefits to the world economy, will have a crushing effect on economies such as Ireland, which has used low corporate tax rates as an engine of economic growth, writes Anna Guildea Read more
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