Author: Yaroslav Romanchuk, original publication from 14.04.2020 The global coronavirus epidemic has significantly accelerated the crisis trends of the modern world. The monetary and fiscal policy measures proposed by international organizations (IMF, World Bank, OECD, UN) and G7 governments after emerging from the global recession of 2008-2009 had a short-term positive effect …
More »What is happening in the world in the conditions of the first Great Depression of the 21st century?
Author: Yaroslav Romanchuk, original publication from 14.04.2020 The world economy is once again threatened by an unprecedented global recession, unemployment of 1.3 billion people in the world, a debt crisis, budget holes, defaults and other scourges of the multi-layered systemic crisis. “A crisis like no other” – said IMF President Kristalina Georgieva …
More »Ep. 8: Are Viktor Orbán's economic policies right-wing?
00:40 - How and why did Viktor Orbán manage to be re-elected as Prime Minister for the third consecutive time in Hungary? What is his popularity due to? What are the nature of the economic policies he pursues? What are the similarities between the governments in Poland and Hungary in this regard? 42:50 - The conflict between …
More »The invisible effects of introducing an APR cap
It seems that the amendments to the Consumer Credit Act will be approved by parliament. According to the advocates of these amendments, they will benefit the consumer, protecting him from some allegedly bad practices of credit institutions. However, politicians often pay attention only to the visible effects that a law creates …
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EKIP– Expert Club for Economics and Politics A Different Opinion