Year: 2003

This Time It Really Is a New Economy

We’re still in the middle of the transition from a world of persistent inflation to one of persistent deflation. The transformation will affect how we look at the world, what public policies we argue about, the innovations we marvel at, and the quality of everyday life.

Featured News

Clean Blue Water

Globally, the poorest countries face the worst environmental problems. They are poor because they lack the political, economic and cultural institutions necessary for economic growth.

Drowning in a sea of structural funds?

“It’s when you hear people seriously suggesting that Portugal should fiddle its official statistics, so that we are still rated poor enough to qualify for European subsidies, that you wonder if this has gone too far” – The Economist looks at the debilitating effects of regional aid… obvious parallels in Canada…