Chinese wage pressures

Straws in the wind? “For­eign investors are under pres­sure to increase wages as the country’s man­u­fac­tur­ing sec­tor shakes off the effects of the glob­al f...

Did the ‘stimulus’ work?

In the bud­get papers (Box 4 of Bud­get Paper No.2) , the Trea­sury says that there is robust sta­tis­ti­cal evi­dence from the IMF that the economies apply­ing...

Failure of the ‘Third Way’

John Kay describes Gor­don Brown as a “redis­trib­u­tive mar­ket lib­er­al, hold­ing, like oth­er adher­ents of Blair’s ‘Third Way’, that …[t]he eco­nom­ic role...

Resources tax mess

Hen­ry Ergas explains what’s wrong with the Brown­ian ‘Resources Super Prof­its Tax’ (apart from the appalling, ide­o­log­i­cal snip­ing at for­eign investors)....