The Trump agenda fiscal agenda has focused on tax reform, and especially the scope for cutting taxes. However, the esteemed Brookings Institute reminds us that despite the recent sharp declines in the US Federal government deficit, the USA confronts formidable fiscal challenges over the medium term. Eventually, the growth in American entitlement spending will [...]
India: Reforms Add to Growth, Lower Inequality
India's lackluster economic performance was once cynically referred to as the "Hindu rate of growth"! How times have changed! The OECD reveals how extensive economic reforms have contributed to stronger growth, lower inequality, and reduced poverty. This valuable report also highlights an agenda for continued action. INDIA-2017-OECD
Saudi Arabia: Austerity and Transformation 2030
Chatham House provides a hugely valuable assessment of Saudi Arabia's 2030 Vision project, and its implications for the transformation of both society and the economy. Of course, the success or failure of these efforts will greatly influence the geo-politics of the region. saudi
Brazil: Pension Reform Key to Fiscal Sustainability
Generous pensions schemes are at the heart of Brazil budgetary problems. Reforms are needed to put fiscal policy on a sustainable footing. Is this possible prior to the 2018 election? Brazil Pension Reform