"A Portuguese tax on sugar has led to a new group of organized criminals smuggling soda over the border from Spain." Read about it here.
"We must work together to end the pandemic, navigate monetary tightening and shift focus to fiscal sustainability." Read more here on the IMF Blog.
"In ordinary times, Europeans save around 12 percent of their income. But as families stayed at home and furlough schemes supported income during the pandemic, this savings rate increased sharply to almost 19 percent in 2020 and 2021." Read more here.
Three countries provide lessons for improving health and promoting happiness
Denmark, Costa Rica and New Zealand stand out as three countries that are getting something right when it comes to maintaining the health and happiness of their citizens. Read about it here. "In the US and UK, the recent labor market puzzle can be partly explained by mismatch, the pandemic’s effect on women (in the US) and older workers leaving the work force." Read about it on the IMF Blog here.
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Maree SpraggonTeacher of IB Economics at the American School of Budapest Archives
February 2024
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