To mark the tenth anniversary of the United Kingdom voting to leave the European Union, the Clark Center’s US and European Economic Experts Panels recently looked – once again – at the vexed issue of Brexit. Brexit is one of those issues which has the potential, at least in the UK, to provoke a fierce […]
Ten years after the Brexit referendum, the UK has experienced substantially lower growth than it would have done had it remained in the European Union.
The UK would be substantially richer ten years from now if it immediately began negotiations and domestic preparations with the aim of fully rejoining the European Union.
This US survey examines (a) Ten years after the Brexit referendum, the UK has experienced substantially lower growth than it would have done had it remained in the European Union; (b) The UK would be substantially richer ten years from now if it immediately began negotiations and domestic preparations with the aim of fully rejoining the European Union
This Finance survey examines (a) If the Federal Reserve under Kevin Warsh were to reduce its balance sheet by at least $1 trillion over the next 12 months, it would measurably improve the functioning of financial markets over his four-year appointed term as chair; (b) If the Federal Reserve under Kevin Warsh were to provide substantially less forward guidance and communication than it has done in the recent past, it would measurably improve the functioning of financial markets over his four-year appointed term as chair
Earlier this month, the European Union unveiled its rather unimaginatively named European Technological Sovereignty Package. One imagines that had this been a proposal emanating from the US Congress, it would have had a punchier and more bombastic name; the Safeguarding America Act or some such. Name aside, though, the package was certainly ambitious. As European […]
This US survey examines: The 21st Century ROAD to Housing Act, currently before Congress, includes proposed legislation on manufactured housing: https://bipartisanpolicy.org/explainer/whats-in-the-21st-century-road-to-housing-act/; (a) Legislation to remove the federal requirement that manufactured homes be built on a permanent chassis would substantially improve the supply of affordable single-family housing
This installment of the FTxBooth US Macroeconomists Survey discusses the likelihood of the Fed raising rates to address inflation as well as Kevin Warsh’s start as Fed Chair. The summary results are below and you can read the Financial Times article here, subscription required. View the results of this survey>> For social media: Please use […]
The European Commission recently presented the European Technological Sovereignty Package, a set of measures intended to strengthen Europe's capacity in semiconductors, artificial intelligence (AI), cloud and open source: https://ec.europa.eu/commission/presscorner/detail/en/ip_26_1187; (a) EU countries' current reliance on non-European digital infrastructure – including cloud computing, AI, microchips, software and data centres – carries substantial economic risks in the medium term; (b) By securing critical supply chains (such as advanced semiconductors), scaling local cloud data centres and funding open source alternatives, the EU's technological sovereignty package will substantially reduce economic risks in the medium term; (c) By securing critical supply chains (such as advanced semiconductors), scaling local cloud data centres and funding open source alternatives, the EU's technological sovereignty package will substantially increase the long-term productivity and innovation capacity of European tech firms
Towards the end of last month, the US Citizenship and Immigration Services issued a policy memo which, in their words, ‘reiterated’ ‘ long-standing immigration law and immigration court decisions’ about the application process for a Green Card. As the USCIS spokesperson explained at the time: We’re returning to the original intent of the law to […]