This European survey examines (a) The institutions of society - such as constitutions, laws, judiciaries, and property rights - substantially shape economic decisions, policies, and outcomes; (b) On average and over the long term, democracies deliver substantially better economic growth than other forms of government; (c) Countries where democracy and the rule of law are weakened are likely to experience measurable damage to their economic performance
Keyword: political economy
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This US survey examines (a) The institutions of society - such as constitutions, laws, judiciaries, and property rights - substantially shape economic decisions, policies, and outcomes; (b) On average and over the long term, democracies deliver substantially better economic growth than other forms of government; (c) Countries where democracy and the rule of law are weakened are likely to experience measurable damage to their economic performance
This US survey examines: (a) Giving the President more direct influence over monetary policy would lead to substantially worse monetary policy decisions; (b) Imposing tariffs results in a substantial portion of the tariffs being borne by consumers of the country that enacts the tariffs, through price increases; (c) There is little empirical evidence that price gouging is causing high grocery prices; (d) Widespread use of price controls creates substantial economic distortions
With
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.
This week’s IGM Economic Experts Panel statements:
A) Political conflict plays a key role in shaping economic decisions, policies and outcomes.
B) The US has a smaller social welfare system than other rich countries in part because it is more heterogeneous by race and ethnicity.
This week’s IGM Economic Experts Panel statements:
A) Rising inequality is straining the health of liberal democracy.
B) Enacting more redistributive expenditures and policies would be likely to limit the rise of populism.
C) Governments should allocate more resources to policies that would be likely to limit the rise of populism, even if it means higher public debt or lower public spending in other areas.
This week’s IGM European Economic Experts Panel statements:
A) Rising inequality is straining the health of liberal democracy.
B) Enacting more redistributive expenditures and policies would be likely to limit the rise of populism in Europe.
C) European governments should allocate more resources to policies that would be likely to limit the rise of populism in Europe, even if it means higher public debt or lower public spending in other areas.
This week’s IGM European Economic Experts Panel statements:
Selecting candidates for membership of the ECB Executive Board based primarily on nationality ahead of competence is likely to have a negative effect on the quality of monetary policy in the Eurozone.
Although the central bank can never be an entirely technocratic institution, the selection process for the ECB President and members of the Executive Board is significantly worsened by intergovernmental trade-offs involving appointments to other European institutions.
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