Macro Economics

european union

Inflation Reduction Act And The Need Within EU to Improve Cooperation In The Energy Transistion Process

By tying subsidies and tax advantages to domestic production, the Inflation Reduction Act aims to make the United States the nation of choice for green investments. Karsten Neuhoff and Andreas Goldthau argue that for Europe to remain competitive, it must concentrate on what it does best: establish regulations and control its huge internal market. Karsten […]

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Is The End Of The Petrodollar Near?

Ukraine’s war has lasted nearly a year. De-dollarization discourse has accelerated since then. Even orthodox economists Galbraith and Eichengreen have joined the bandwagon, but they don’t see an avalanche that might dethrone the dollar yet. The mainstream believes the US financial market’s depth makes the dollar irreplaceable. Currently, yes. Where else can wealth be safely

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