What is a service of general economic interest?

European Journal of Law and Economics - The definition of the concept a “service of general economic interest” (SGEI) known from Article 106(2) treaty of the functioning of the European...     

MENDING RIFTS

How far can the Biden administration go to rebuild trust with China?There is a great deal of speculation regarding a Joe Biden presidency,including whether it will soothe the existing toxic relationship between the U.S.and China.While many credit Donald Trump with"standing up to China"and question whether Biden will do the same.     

Unemployment,living standards,and the working-class family in urban Canada in 1901

This article addresses a problem faced by many historians of living standards: what was the effect of unemployment on the real incomes of working-class families during industrialization? The 1901 Census of Canada offers a rare opportunity to answer this question, and to measure both unemployment and living standards while taking into account the contributions of all family wage-earners. The conclusion is that average weekly or monthly wages were more important than work duration in determining the living standards of poor families.     

Fiscal rules in the Canadian provinces: Abject failure or qualified success?

Most Canadian provinces have introduced legislation to require politicians of all ideological stripes to meet annual balanced budget (BB) targets. Critics of this type of legislation argue that it is unnecessary, confining, and subject to manipulation. We examine provincial balanced budget legislation before and after the Great Recession and argue that the response of provinces needs to be evaluated taking into account the multiple objectives of fiscal policy and the behavioural changes that the rules introduce, including creative non‐compliance. Rules should be evaluated on their ability to contribute to good fiscal governance rather than on their stringency.