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Articles on Economic policy

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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.
The treasurer referred to the A$13 billion “zombie” measures the Senate has failed to pass as a “Senate tax”, in justifying the tax increases in this budget. Lukas Coch

Budget 2017: bank populism will be paid for by Australians

The budget was extraordinary in many ways. It is an abandonment of restraint on taxes by a liberal government. It is nakedly populist and it also acknowledges that government debt can be productive.

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