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Articles on Fiscal discipline

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Do Argentinians have the patience for their new president’s shock therapy? Juan Ignacio Roncoroni / EPA

Javier Milei: Argentina’s new president presses ahead with economic ‘shock therapy’ as social unrest grows

Argentina is already feeling the sting of its new president’s policies – but Javier Milei is pressing ahead with ever-more radical plans to overhaul the economy.
Finance Minister Bill Morneau and Prime Minister Justin Trudeau leave the Prime Minister’s office holding copies of the federal budget in Ottawa in March. Would Canada benefit from a Budget Honesty Charter of the type that’s had success in Australia? (THE CANADIAN PRESS/Sean Kilpatrick)

Should Canada emulate Australia with a ‘budget honesty’ charter?

Australia’s Charter of Budget Honesty could be easily adopted by Canada. Such a charter can include suggestions for constraints and rules that encourage fiscal discipline.
South Africa’s Jacob Zuma is president of the country as well as the African National Congress. He is under pressure on all fronts. Reuters/Siphiwe Sibeko

Does President Zuma have the courage to do the right thing?

It is unlikely President Zuma will announce a structural changes in his State of the Nation Address. This, despite education being in dire need of fundamental restructuring and an economy in decline.

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