economy

  For decades, Germany was the economic engine of Europe. Its prosperity rested on a highly competitive industrial sector, a strong export orientation and a reputation for engineering excellence. Even as other advanced economies shifted toward services, Germany maintained a large manufacturing base that became central to its economic model. Today, however, the German economy […]

  Argentina has had more IMF programs than almost any country in history. The count depends on how one tallies arrangements, waivers, and extensions, but the number exceeds twenty. The pattern is consistent: a crisis, a program, initial stabilization, eventual collapse, and a return to the Fund. The standard explanations cycle through familiar territory — […]

  Several important events occurred in the economy this June. Topping the list was the record initial public offering of SpaceX, which will be followed by two IPOs in the artificial intelligence sector: Anthropic and OpenAI. On the less positive side, inflation remains elevated and public debt continues to soar across the developed world, including […]

  Personalities such as Elon Musk and big-tech founders are on the frontlines. The infrastructure, communication and disruptive technologies they create are revolutionizing the economy and society. Although in general beneficial and exciting, the developments also create envy and anxieties. Jeff Bezos, who founded Amazon and publishes The Washington Post, is also reaching for the stars […]

  ABSTRACT This paper summarizes the stabilization plan implemented by Javier Milei in Argentina between December 2023 and April 2026, while also outlining expectations for the remainder of his term in office. The plan includes “three anchors” (fiscal, monetary, and exchange-rate), along with the deregulation process and the structural reforms that gained momentum during the […]