Shopping for tailor-made Italian reforms with the ECB credit card

watt

The letter sent by ECB President Trichet and his successor (and current head of the Bank of Italy) Draghi to the Berlusconi government calling for reforms in return for a resumption of bond purchases by the central bank has been made public. It starts with “At the current juncture, we consider the following measures as [...]

Can Australian Labor lead for the long-term?

hetherington

Bold new principles of governance based on market design and nation-building are needed to counter Australia’s long-term economic, environmental and demographic vulnerabilities. It has been two months since Julia Gillard formed her Labor minority government. Whether the Gillard government can go the distance of a full three-year term remains uncertain. But any imperative of political [...]