Keyword: elections

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Europe

Political Economics

This week’s IGM European Economic Experts Panel statements:   A) Political conflict plays a key role in shaping economic decisions, policies and outcomes. B) Most European countries have larger social welfare systems than the United States in part because the latter is more heterogeneous by race and ethnicity.  
US

Brexit, the UK Economy and US-UK Trade

This week’s IGM Economic Experts Panel statements: A) Following the UK election result, the certainty that the country is going to leave the European Union will provide a substantial short-term boost to the UK economy. B) The near certainty that the UK will leave the European Union's customs union and single market in 2020 offers a sizeable export market opportunity for American business.
Europe

‘Getting Brexit Done’

This week’s IGM European Economic Experts Panel statements: A) Following the UK election result, the certainty that the country is going to leave the European Union will provide a substantial short-term boost to the UK economy. B) Given that the transition period currently expires at the end of 2020, there is still a considerable risk that the UK will leave the European Union without a trade agreement. C) Leaving the European Union without a trade agreement would have a large negative impact on the UK economy.
US

Trump and Share Prices

This week’s IGM Economic Experts Panel statements: A) US share prices have risen since Donald Trump’s election victory at least partly because the policies he seems poised to implement are likely to increase US after-tax corporate profits. B) US share prices have risen since Donald Trump’s election victory at least partly because the policies he seems poised to implement are likely to increase US real GDP growth.
US

Primary Voting

This week's IGM Economic Experts Panel statements: A) There is no perfect voting system. That is, no voting system can ensure that the winner will be the person who best represents voters’ wishes, including how intensely they favor or disfavor each candidate. B) One clear defect of a winner-take-all election with 3 or more candidates, and with each voter choosing only one candidate, is that a candidate who is strongly disliked by a majority, but strongly liked by a minority, can beat a candidate who is liked by a majority and disliked by relatively few.