Economics and politics - comment and analysis

Argentina and Turkey: Two very different countries, the same problem

(A shorter version of this paper has been published by the LSE blog today)
Inflationary dynamics cannot be effectively addressed by conventional measures or a radical market shock therapy. Comparing the developments in Argentina and Turkey, we argue that the only way to address the problem is through cooperative behaviour of the government, …

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IRA or why Germany must learn to understand international trade

The biggest threat Germany and Europe have identified overseas goes by the name of IRA (Inflation Reduction Act) and is the pride and joy of the Biden administration. It is by no means only about reducing inflation, first and foremost it is about reducing the dependence of the US on foreign imports. …

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