Public Finance related content 

Growth is back on the agenda. But are EU leaders serious about tax reform as well. While the eurozone debt crisis dragged on through 2011, much other

Impact assessment paints positive picture of financial tax. The European Commission is to increase the pressure on EU member states to accept proposals for a financial...

Latin America's financial woes led to a ‘lost decade'. The situation in Europe today looks much worse. Turning-points are easy to identify with hindsight, but not in real...

A book that uses the natural world to take on the ‘movement libertarians'. “One century hence, if a roster of professional economists is asked to identify the...

Country could lose structural funds worth 1.7% of GDP. Hungary stands to lose access to European Union cohesion funds as a penalty for fiscal laxity. The European Commission...

The eurozone's policy-making, not its economic fundamentals, are the real threat to the single currency. Great empires rarely succumb to outside attacks. But they often...

Measures announced after deficit target for 2011 missed; package welcomed by European Commission. The Spanish government announced a package of spending cuts and tax...

Since the summer, smart consolidation of public finances has given way to growth-impairing cuts. In June, it was Greece. In August, it was France, Italy, Portugal and Spain....

Amid speculation about the eurozone's impending collapse, it is worth remembering the purpose of creating a single currency. The euro was meant to – and still should –...

It looks like all roads lead to depreciation of the euro; that should be coupled with reform. On the surface, the situation in the eurozone today and South Korea in 1997 look...

Cutting spending can stimulate growth – but it will not in the UK's case. Visit London nowadays and you will notice something strange going on: the worse the British...

A financial transaction tax will increase the cost of capital for business and reduce investment. In his letter on a financial transaction tax (FTT), Sony Kapoor argues for...

The choice is not between an FTT and no FTT, but between FTTs and increases to other taxes. The UK's supposed concern over London losing business if an EU-wide tax is...

France and Germany push for tax on dealing but there is concern over driving investors away from the EU. With turmoil persisting in the eurozone, France and Germany are...

Eurobonds should be coupled with fiscal rules. The day of the eurobond may be near. What was once a quack's idea for resolving Europe's financial crisis is now the only...

The US debt-ceiling debate may yet worsen, but one should not overlook what politicians can actually accomplish. These days, the United States media are full of ordinary...

Economic conditions might have to become a lot worse in order to focus policymakers' minds. I don't know about you, but whenever I am in an airplane experiencing turbulence,...

How the deal works.

The EU and the US both need reform if they are to avoid a perfect economic storm. In the past few weeks, both Europeans and Americans have faced a perfect storm: debt...

Republicans are playing with fire in their showdown about the US government's debt ceiling. Leading United States congressmen are determined to provoke a showdown with the...