Fiscal policy refers to the government’s tax and spending policies. Looser fiscal policies refer to more expansionary fiscal measures, with tax cuts being a key fiscal measure that may successfully increase economic growth in the Eurozone. Income tax reductions for lower-income earners should successfully boost consumption within the economy. This is because lower earners haveContinue reading “Elevating Eurozone growth”
Category Archives: Foreign Affairs
Fall of the Japanese Yen
The Yen. Once one of the world’s most respected currencies is no longer a safe haven. In times of geopolitical and economic uncertainty, foreign governments and investors often sought the Yen; the Ukrainian-Russian conflict has spelt an end to this. The nominal exchange rate of the Yen took a sharp dive following the beginning ofContinue reading “Fall of the Japanese Yen”
Macron’s reforms
Elected with the promise of liberalising the French economy, Macron has brought a wave of economic growth and prosperity to a previously fraught economy. Following the 2008 Financial Crisis, France suffered under successive Presidents who struggled to grapple with its aftermath; the unemployment rate refused to fall below 9%, rising to 11% under Socialist PresidentContinue reading “Macron’s reforms”
Germany’s roaring ’30s
The 1930s were a time of economic peril and misery for most nations globally. In the US, the period came to be the ‘Great Depression’ as living standards plummeted following the sharp decline in the money supply that started the decade. The same was true of the UK, as harsh austerity measures put in placeContinue reading “Germany’s roaring ’30s”
Free Marketeer 