Wheat steadies after selloff triggered by USDA’s production estimates
Gorey said investor positioning had become more neutral in recent weeks, and that because the Ukraine-Russia war was not impeding grain exports. U.S. wheat futures
Informality and the effects of minimum wage policy in developing countries
Increases in Brazil’s national minimum wage between 2000 and 2009 moved the country from a regime of low minimum wage bite to one of high
A European safe asset will require bolder steps
The EU aims to finance common priorities in defence, energy transition, and digital infrastructure with supranational EU bonds. This column argues that the current exclusion
Euroclear and the geopolitics of immobilised Russian assets
European policymakers are debating using immobilised assets of the Central Bank of Russia held at Euroclear to finance a ‘reparation loan’ for Ukraine. This column
How Brazil’s indexed minimum wage allows inflation to grease the wheels of the labour market
Many economies index their minimum wage to inflation to preserve its real value during inflationary periods. This column shows, however, that the timing and predictability
The US is in worse fiscal shape than Italy
By the standard debt-to-GDP measure, the US is in somewhat better fiscal shape than Italy, but this excludes the present value of myriad off-the-books obligations.
EU data processing consent reform must account for market incentives
Proposed streamlining of EU rules on consent for processing of personal data should account for how digital-market incentives shape implementation. Giving consent online in Europe:
The European Union needs more than the digital omnibus to make digital services competitive
European Commission plans to streamline digital rules introduce new inconsistences and fall far short of transformative reform. The European Commission’s digital and artificial intelligence omnibus
The economic value of worker rights in union contracts
Collective bargaining agreements allocate rights and obligations beyond wages and benefits. This column analyses 30,000 Canadian agreements from 1986 to 2015 for non-wage worker rights.
Simplification without disempowerment: Rethinking the Digital Omnibus Regulation
The European Commission’s Digital Omnibus Regulation Proposal represents a major attempt to streamline and rationalise Europe’s increasingly complex digital regulatory landscape. This column argues, however,
