CHICAGO – As Western economies emerge from the COVID-19 crisis, banks and governments are facing a new problem: how to deal with the corporate walking dead. But an innovative worker-centered scheme could offer a possible solution
MUNICH – The COVID-19 pandemic is a crisis like no other. In 2020, it plunged the global economy into its deepest recession since World War II. But, after a year in the doldrums, Europe’s private firms and households are now awash with cash. How households in particular use their accumulated savings will be crucial in shaping the continent’s post-pandemic recovery
SANTA BARBARA, CALIFORNIA – The year 2020 was unforgettable for all of us, and tragic for many. No one had imagined that a lethal virus originating in horseshoe bats could spread so fast and upend our lives so thoroughly
NEW YORK – Adam Smith, the founder of modern economics, argued that the pursuit of private interests – profits – will invariably promote the common good
WASHINGTON, DC – When a government sets out to “pick winners” and support designated industries, products, or firms through subsidies, tariff protections, tax breaks, and other measures, it is pursuing an industrial policy
The first Soda Ash Plant in Kazakhstan is to be built in Sarysu district of Zhambyl region. The project owner is Qazaq Soda LLP, a subsidiary of Yildirim Holding of Turkey. The start of the project is scheduled for the third quarter of 2021