The Biden administration’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
In 2020 Germany promoted a bold European response to the corona crisis, involving common EU debt. This contrasts starkly with its position a decade before, when it favoured austerity over fiscal stimulus and debt pooling. Lucas Schramm and Amandine Crespy argue that the specific nature of the corona crisis reconfigured Germany’s national interests in Europe Read more
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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