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Macro-economic Policy

Full disclosure: why bank transparency matters

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Full disclosure: why bank transparency matters

Full disclosure: why bank transparency matters, says that UK banks could be doing much more to help some of the poorest people in the UK, simply by being clear and open about where they do business. The report provides the first detailed comparison with the US, where banks have disclosed detailed information since the mid-1970s. It shows how information revealed by the banks has been used to combat financial exclusion in some of the most deprived areas of the US, and has played a pivotal role in ensuring that over US$4.2 trillion of loans and credit reach people living in low income areas. nef believes that bank disclosure in the UK could prompt a real shift in the way banks view, act in and invest in some of the UK's most disadvantaged areas. .


By NEF,UK.


Macro Economic Policy Resource.


Tough Choices: the 2004 spending review

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Tough Choices: the 2004 spending review " The 2004 spending review in July will effectively set the priorities for policy and for public spending for the next Parliament. This makes the 2004 review at least as important as the contents of Labour?s future election manifesto and far more important than the 2004 Budget. The pamphlet reviews the tough choices the government will have to make in the review. Giving certain policies priority will inevitably mean de-emphasising others and in the context of relatively tight constraints on overall spending, the relative losers in the 2004 review will be all too apparent. By Peter Robinson of the Institute for Public Policy Research

 

By Institute for Public Policy Research , UK.

Macro Economic Policy Resource.


The evolution of the German model: How to judge reforms in Europe?s largest economy

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The evolution of the German model: How to judge reforms in Europe?s largest economy " Are far-reaching economic and structural reforms in Germany possible? Despite the adoption of Chancellor Gerhard Schröder?s Agenda 2010 reform package in December 2003, there is concern both within and outside Germany that the structural rigidities and checks and balances within the ?German model? make the country?s political economy essentially ?unreformable?. In contrast, the authors argue the case for viewing the reform process through a more ?German? and less ?Anglo-American? lens. This demonstrates that changes have been more radical than is commonly thought ? indicating that modernisation of the German model is indeed possible. By Anke Hassel and Hugh Williamson for the Anglo-German Foundation

 

By Anglo-German Foundation, UK, Germany.

Macro Economic Policy Resource.