Latin America Economics Focus Mexico: Budget reforms only scratch the surface With policymakers across the globe in agreement on the dangers of early withdrawal of stimulus measures, plans to tighten fiscal policy in Mexico next year are likely to grab some headlines... 18th November 2009 · 1 min read
UK Economics Focus The VAT threat to consumer spending The looming reversal of the temporary VAT cut should boost household spending at the end of this year, as consumers bring forward their spending. But this will just come at the expense of spending... 28th October 2009 · 1 min read
Europe Economics Update New tax cuts to support the German economy The new German Government’s economic programme includes additional tax cuts that make what was already a fairly generous fiscal package stand out as easily the largest in the euro-zone. Policy... 26th October 2009 · 1 min read
Asia Economics Update Malaysia plans slow exit from fiscal stimulus Today’s 2010 budget aims to cut the fiscal deficit but Malaysia’s move to the exit will be more of a stroll than a sprint. Lower personal tax rates and higher relief on incomes will support household... 23rd October 2009 · 1 min read
Global Economics Focus From banking crisis to fiscal crisis? The measures put in place by governments to support their banking sectors and economies have helped to avert a full-scale financial meltdown and a 1930s-style economic depression. But the full costs... 12th October 2009 · 1 min read
UK Economics Focus From banking crisis to fiscal crisis? The measures put in place by governments to support their banking sectors and economies have helped to avert a full-scale financial meltdown and a 1930s-style economic depression. But the full costs... 12th October 2009 · 1 min read
UK Economic Outlook The great squeeze (Q4 2009) After a decade or more in which rapid increases in public spending have lent powerful support to the UK economy, the great squeeze is about to begin. 9th October 2009 · 1 min read
UK Economics Update Tory spending cuts are just the beginning The proposed cuts in public spending set out by the Shadow Chancellor of the Exchequer George Osborne at the Conservative Party Conference in Manchester are likely to be just the first small step... 6th October 2009 · 1 min read
UK Economics Update Tory spending cuts are just the beginning The proposed cuts in public spending set out by the Shadow Chancellor of the Exchequer George Osborne at the Conservative Party Conference in Manchester are likely to be just the first small step... 6th October 2009 · 1 min read
Asia Economics Weekly Bank of Korea to take back seat as fiscal policy set to tighten 5th October 2009 · 1 min read
UK Data Response National Accounts (Q2), M4 & H’hold borrowing (Aug.) 29th September 2009 · 1 min read
Emerging Europe Economics Focus Will deficit financing trigger a surge in Russian inflation? There are good reasons to think that monetisation of Russia’s budget deficit will not necessarily lead directly to a pick-up in inflation. But it adds to the downside risks facing the ruble. We expect... 4th September 2009 · 1 min read
Emerging Europe Economics Focus Poland: Fiscal mess blots the outlook We estimate that limits on public debt set out in the Polish constitution will force the government to tighten fiscal policy by around 2.5% of GDP next year. What’s more, a further fiscal tightening... 21st August 2009 · 1 min read
Emerging Europe Economics Update Turkey: Ten cuts in a row, but fiscal policy still holds the key 18th August 2009 · 1 min read
