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Articles on Macroeconomics

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Recent surveys suggest Canadians are dissatisfied with the direction of the economy. (Shutterstock)

10 reasons why Canadians are still dissatisfied with the economy, despite the upswing

There are a number of reasons why there’s such a significant gap between aggregate economic numbers and the perceptions of everyday people.
A South African street vendor awaits customers. The country has some of the highest inequality in the world. Mujahid Safodien/AFP via Getty Images

A basic income grant for South Africa: more money in poor people’s pockets, but at a heavy cost

An unfunded expansion of the social transfer system could lead to even worse economic outcomes — the medicine should not be worse than the disease.
Kristalina Georgieva, the Managing Director of the International Monetary Fund, speaking in Senegal in 2019. Photo by Seyllou/AFP via Getty Images

When the IMF comes to town: why they visit and what to watch out for

The IMF sends its staff on two types of mission to member countries: to assess the state of the country’s macro economy or to assess the need for financial support.
European Commission president Ursula von der Leyen presents the “Green New Deal” plan to fight climate change before the European Parliament in Brussels on December 11, 2019. Aris Oikonomou/AFP

For the EU’s ‘Green Deal’ to succeed, economic theory must take into account qualitative growth

To achieve sustainable growth under the constraint that consumption is independent from the use of natural resources, we must move along the path of qualitative growth.
Since its creation in 1999, the inflation rate in the euro zone has only exceeded 4 percent for a few months, on the eve of the Great Recession of 2008. Shutterstock

Why the return of high inflation can no longer be excluded

Massive stimulus plans combined with rising production costs could lead to expectations that inflation will rise. And that alone could trigger an inflationary spiral not seen in 25 years.

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