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Articles on Economic policy

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The Foreign Ministers Josep Borrell of the EU, James Cleverly of Great Britain, Yoshimasa Hayashi of Japan, Antony Blinken of the U.S., Annalena Baerbock of Germany, Melanie Joly of Canada, Catherine Colonna of France, and Antonio Tajani of Italy, at the G7 Foreign Ministers’ Meeting in Münster, Germany, on Oct. 3, 2022. (AP Photo/Martin Meissner)

Canada should focus on building ties with countries that share its values — but tread carefully

Deliberately crafting economic relationships with countries that share similar political and social values with Canada has emerged as a tool to address current geopolitical issues.
The growth plan will require thousands more workers on universal credit to search for more work or face sanctions. 1000 Words/Shutterstock

Universal credit changes: increasing pressure on part-time workers is the wrong move at the worst time

Requiring low-paid, part-time workers to increase their hours or take on multiple jobs can have adverse physical and mental health impacts.
A protest organised by the Congress of South African Trade Unions in South Africa. The question is: on whose behalf does the union movement advocate? Phillip Magakoe/AFP via Getty Images

South Africa’s way forward: abandon old ideas, embrace bold experimentation

In this moment of crisis, South Africa urgently needs decisive action. But all too often South Africans of all political stripes seem trapped in stale discourses.
The government helps tens of millions of Americans buy groceries. Jeff Greenberg/Getty

How SNAP can help people during hard economic times like these

The food aid program helps low-income families put food on the table and injects money straight into struggling local economies. It will be critical throughout the crisis the coronavirus is stoking.
Argentina’s president-elect, Alberto Fernández (right), with his running mate, former president and first lady Cristina Fernández de Kirchner. Reuters/Agustin Marcarian

Argentina elects new president on promises to fix economy and unify a struggling nation

Argentina has voted for change. Alberto Fernández, a 60-year-old lawyer, defeated President Mauricio Macri with a campaign emphasizing economic recovery, social inclusion and national unity.
Debate about SA Reserve Bank’s mandate must be done in a more considered manner, informed by evidence. Shutterstock

Evolution of ANC economic policy sheds light on squabble over the central bank

The debate about the mandate of the South African Reserve Bank must be located within a clearly articulated political vision and social compact on the kind of society South Africans aspire to.
Venezuelan President Nicolás Maduro created a new cryptocurrency called the ‘Petro’ to combat hyperinflation. Reuters/Carlos Garcia Rawlins

Is authoritarianism bad for the economy? Ask Venezuela – or Hungary or Turkey

When an elected leader turns autocratic, the economy tends to suffer. That’s because, in a functioning democracy, economic policy is made jointly, with lawmakers playing a key role.
Households feeling the pinch from frozen wages feeds into slower economic growth, and policymakers need to find a solution. Bacho/Shutterstock

This is what policymakers can and can’t do about low wage growth

Governments can’t undo the technological changes behind frozen wages and rising inequality. The best policy is to invest in education and training to give workers skills of value in the new economy.

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