By Ioannis Tirkides
We use summary indicators to conveniently measure the performance and health of the economy. But while these can be useful in some respects, they have their drawbacks ...
By Ioannis Tirkides
When the Bank of Japan raised its key interest rate from a range of zero to 0.1 per cent to 0.25 per cent, arguably to stem the yen’s ...
By Ioannis Tirkides
A common thread runs through many of the elections taking place around the world this year: a rise in populism and nationalism, a move towards protectionism and ...
By Ioannis Tirkides
These are unprecedented times. We are simultaneously on the cusp of a technological revolution and the promise of unparalleled economic prospects, and on the brink of total ...
By Ioannis Tirkides
2023 has been a year of turmoil, of wars and geopolitical upsets. It has also been a year of weaker economic growth with only a few but notable ...
By Ioannis Tirkides
We are in treacherous waters. After a year and a half of relentless interest rate hikes by central banks in the developed world, and the remarkable resilience ...
By Ioannis Tirkides
The killing of innocents and of non-combatants cannot be acceptable, and the Hamas attack of October 7, no matter its origins, has been an atrocious war crime. But ...
By Ioannis Tirkides
Europe’s fiscal rules were suspended in 2020 in the wake of the Covid crisis, the outbreak of war in Ukraine and the energy crisis it triggered. A ...
By Ioannis Tirkides
Liberal democracy has long been in retreat, and more so in the last ten years as widely documented in multiple studies and reports. Two examples are the ...
By Ioannis Tirkides
The economic environment has been relatively fluid in recent weeks and months. Headline inflation has declined, while core inflation has remained uncomfortably high. In Europe, economic activity ...
The war in Ukraine and the sanctions by the United States and allies, designed to isolate Russia and to a lesser extent China, has caused a reaction from the BRICS ...
By Ioannis Tirkides
The war in Ukraine may be the most violent and eruptive event in world affairs for a long time. But it is not a singular or autonomous ...
By Ioannis Tirkides
A world war, especially on European soil, is unthinkable but raises legitimate concerns. The war in Ukraine has now dragged on for a year and a half, ...
By Ioannis Tirkides
Erdogan won a third term as Turkey’s president after soundly defeating his challenger Kemal Kilicdaroglu, in a run-off election on May 28, with 52.2 per cent of the ...
The International Monetary Fund, in its Spring World Economic Outlook, released last month, provides an assessment of the global economy over the medium term, revised forecasts, and discusses underlying risks ...
By Ioannis Tirkides
Economists have no great answers to the question of how wages should change with inflation, and certainly the automatic cost-of-living adjustment mechanism is highly controversial. But there ...
By Ioannis Tirkides
Surely the collapse of Silicon Valley and Signature banks in the United States, and even the takeover of Credit Suisse by UBS, have idiosyncratic elements that led ...
By Ioannis Tirkides
The war in Ukraine is a cataclysmic event in both economic and political terms. It signals the return of great power politics; it marks the weaponization of ...
By Ioannis Tirkides
In a previous article published last week, we examined the political landscape in Cyprus since 2011 against a backdrop of rising right-populism in advanced liberal democracies over the ...
By Ioannis Tirkides
In this article, we will examine the political landscape in Cyprus from 2011 onwards, against a backdrop of rising right-populism in advanced liberal democracies over the past couple ...
By Ioannis Tirkides
Central banks have been tightening for the most part of the year and will likely continue for a little longer into the early part of the new ...
By Ioannis Tirkides
Wars are highly uncertain events and never go as initially planned. This one in Ukraine is no exception. Russia was surprised by the resistance it met in ...