Economics and politics - comment and analysis

Has the debt brake proven its flexibility?

There are answers given by politicians to journalists’ questions that are stereotypically repeated hundreds of times, and although each of the answers is completely meaningless, they are never followed up. So, it is with the debt brake for Germany and Europe and the question of whether it should not be revised after the Corona shock. …

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Who’s afraid of China?

Cross-posted from Brussels Morning (https://brusselsmorning.com)
 
Sinophobia is a widespread political disease. Beyond China, industrialised countries are also pursuing an unjustifiably confrontational course towards other developing countries.
Reading the press in industrialised countries attentively and listening to their politicians, the impression of an aggressively adversarial West-North global divide is unavoidable. …

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Creeping Protectionism and the WTO

Cross-posted from Brussels Morning (https://brusselsmorning.com)
 
The US administration is poised for a smarter balancing of its trade deficit, probably through monetary policy rather than tariffs.
Many free trade apologists are convinced that creeping protectionism is one of the biggest problems facing the global economy. …

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