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Economics International

Part II of IV: Why economics, not politics, should steer energy subsidies

The first part in this series examined why energy subsidies still widely exist, despite a growing consensus arguing for their removal. This section will look at their economic cost and

Economics International

US taper puts pressure on emerging markets

The Federal Reserve’s decision in January to continue reducing the pace of asset purchases has put emerging markets in a bind. At the end of January, the Federal Reserve decided