Washington Post (October 24)
“Tax hikes and macroeconomic discipline won’t be enough. To persuade both investors and voters to believe in post-Brexit Britain, Sunak needs a convincing growth agenda. Since tax cuts are unaffordable, that agenda must consist of regulatory reform. Sunak must be as bold on microeconomic strategy as he is on macro.”
Tags: Britain, Convincing, Discipline, Growth agenda, Investors, Macroeconomic, Microeconomic strategy, Persuade, Post-Brexit, Regulatory reform, Sunak, Tax cuts, Tax hikes, Unaffordable, Voters
Financial Times (June 9)
“Shinzo Abe’s gamble to revive Japan’s economic fortunes faces its biggest test so far.” Moving on to his “third arrow” of fiscal/regulatory reform to stimulate the market is essential, but “politically, this is a tall order. Structural changes are bound to affect powerful insiders.”
Tags: Fiscal, Insiders, Japan, Market, Regulatory reform, Shinzo Abe, Structural changes