Articles on Macroeconomics

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The World Uncertainty Index is a measure that tracks uncertainty across 143 nations by text mining the country-specific reports of the Economist Intelligence Unit. Skorzewiak/Shutterstock

Global uncertainty is the new normal. Here’s why institutional legitimacy and resilience is crucial

Geopolitical and economic uncertainty topped the G7 summit agenda. The world needs strong, inclusive international institutions more than ever.
World Day of Social Justice is a reminder of the need to promote social justice at work. Rawpixel/Shutterstock

Why without value sharing, there is no social justice

Our report analyses both monetary and non-monetary value sharing schemes within companies and whether they are a way of avoiding social conflicts in the workplace.
Deputy Prime Minister and Minister of Finance Chrystia Freeland responds to a question from a reporter during a news conference, in June 2024 in Ottawa. THE CANADIAN PRESS/Adrian Wyld

National debt explained: What you should know about Canada’s deficit

National debt can be beneficial and help countries grow their economies, but only if it’s managed properly. Too much debt can become burdensome and cause economic growth and investments to slow down.
Recent surveys suggest Canadians are dissatisfied with the direction of the economy. (Shutterstock)

10 reasons why Canadians are still dissatisfied with the economy, despite the upswing

There are a number of reasons why there’s such a significant gap between aggregate economic numbers and the perceptions of everyday people.
A South African street vendor awaits customers. The country has some of the highest inequality in the world. Mujahid Safodien/AFP via Getty Images

A basic income grant for South Africa: more money in poor people’s pockets, but at a heavy cost

An unfunded expansion of the social transfer system could lead to even worse economic outcomes — the medicine should not be worse than the disease.
Kristalina Georgieva, the Managing Director of the International Monetary Fund, speaking in Senegal in 2019. Photo by Seyllou/AFP via Getty Images

When the IMF comes to town: why they visit and what to watch out for

The IMF sends its staff on two types of mission to member countries: to assess the state of the country’s macro economy or to assess the need for financial support.
European Commission president Ursula von der Leyen presents the “Green New Deal” plan to fight climate change before the European Parliament in Brussels on December 11, 2019. Aris Oikonomou/AFP

For the EU’s ‘Green Deal’ to succeed, economic theory must take into account qualitative growth

To achieve sustainable growth under the constraint that consumption is independent from the use of natural resources, we must move along the path of qualitative growth.
Since its creation in 1999, the inflation rate in the euro zone has only exceeded 4 percent for a few months, on the eve of the Great Recession of 2008. Shutterstock

Why the return of high inflation can no longer be excluded

Massive stimulus plans combined with rising production costs could lead to expectations that inflation will rise. And that alone could trigger an inflationary spiral not seen in 25 years.

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