UK (2013): Budget – Fiscal Slippage and Monetary Flexibility
Figure 1: UK – General Government Debt as Pct of GDP, 2006-17F
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UK (2013): The Economic Issues Surrounding an EU Exit
Source: First Two Charts - ONS, Third Chart - CBI
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Venezuela (2013): No Surprise, No Relief
While the precise timing of Venezuela’s move to devalue the bolivar fuerte from 4.290 to 6.292 was unknown, the move had long been anticipated by Venezuela watchers as well as…
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Arab Spring (2013): Two Years of Arab Spring
The Arab Spring On December 17, 2010, vegetable vendor Mohamed Bouazizi set himself on fire in the Tunisian town of Sidi Bouzid. This act sparked a wave of dramatic political…
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Portugal (2013) – Many Rivers to Cross
Chart 1: Growth Contribution Real GDP - Expenditures
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Japan (2013): “Abenomics”
Chart 1: Economic Support Packages Since 1990 (Gov. Expenditure Basis, JPY Trillion)
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Canada and the US: Income and Income Inequality – A Tale of Two Countries
For most of the last two decades, there has been a sizeable gap in median incomes between Canadian and U.S. families. At its peak in 1998, median household income in…
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UK: Regime Change at the BoE: Is the ‘Old Lady’ About to Be Shaken Up?
Figure 1: Canada Clearly Outperforming the UK
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Spain – The Elusive Steady State
Figure 1: Spain: Hopes are Rising for a Traditional Adjustment Path
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