Russia is on the verge of defaulting on its foreign debt, which not only could have severe economic consequences but could also complicate Putin’s ability to wage a prolonged war in Ukraine.
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Articles on Government borrowing
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National Treasury’s strategy to overcome South Africa’s chronic fiscal crisis rests on highly uncertain political and economic foundations.
Instead of wage subsidy and business loan schemes, allowing households, workers and employers to borrow against future income could be more efficient and equitable in the long run.
Canada’s federal deficit has ballooned as Ottawa spends billions in response to the coronavirus pandemic. An economist explains why the massive spending will not harm Canadians in the future.
Robust credit ratings agencies are vital for the Australian economy, as the repercussions of their decisions are felt far and wide.
While borrowers may not be thrilled by the Federal Reserve’s decision to raise rates, many of us have plenty of reason to celebrate.
Market speculation on whether the Fed will raise rates is reaching fever pitch, but the central bank no longer has the pull it once did.
Whenever speculation grew louder that the Federal Reserve would lift its target interest rate this year, stocks took a dive. Here’s why.
Ed Miliband is trying to wrestle back the political initiative in Manchester. The leader of the opposition must avoid becoming mired in deeply complex constitutional questions of devolution at his party’s…
There continues to be a great debate around Australia’s fiscal position. Yet, budget deficits are, in fact, a natural outcome of the business cycle. In a policy brief, co-authored by myself and colleagues…
Top contributors
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Senior Lecturer in Markets, Public Policy and Law, Questrom School of Business, Boston University
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Professorial Fellow, The University of Melbourne
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Associate Professor in Finance, University of Sydney
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Professor Emeritus of Economics, SOAS, University of London
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Byington Endowed Chair and Professor of International Business, Michigan State University
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Associate Professor of Political Science, Boise State University
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Adjunct Professor, University of the Witwatersrand
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CN-Paul M. Tellier Chair on Business and Public Policy, L’Université d’Ottawa/University of Ottawa
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Senior Research Fellow, Auckland University of Technology
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Assistant Professor of International Relations, Leiden University
