Daily Policy Digest

International Issues

Beijing Minimum Wage to Rise 21% amid Inflation Pressure

Beijing will raise its minimum wage 21 percent next year, among rising inflationary pressures and concern over China’s widening wealth gap...

Don't Go to Brazil for a Deal on an iPad

Brazil's economy would fare better if, instead of fencing out rivals, the government provided decent infrastructure and levied lower and fewer taxes, says economist André Sacconato...

Bullying Ireland

Ireland did many things wrong in the years running up to the financial crisis, but offering investors relatively low levels of taxation and high levels of security was not among them, says Alvaro Vargas Llosa...

Ireland's Reality Is Our Reality

Eventually, the U.S. federal government (and some of the states like California) will have to face the same economic reality Ireland now confronts, says Emily Skarbek...

Debt Solution Lies in Success of Europe

European governments have deliberately rejected Washington's embrace of massive deficit spending as the best way to rev up an ailing economy -- with better outcomes, say observers...

Where France Goes...

Americans arriving in Paris these days will notice that France's planes, trains and automobiles are all being slowed or stopped by nationwide protests over President Nicolas Sarkozy's proposal to raise the retirement age by all of two years, say observers...

Pension Insanity in France

Many people in France are waking up to the reality that they cannot sustain the welfare state indefinitely, says Lee Doren, communications coordinator at the Competitive Enterprise Institute...

Higher Education: Who Else Should Pay?

A recent report from the Independent Review of Higher Education Funding and Student Finance in Britain says higher education should be paid for by those that benefit from it: graduates, says Mark Harrison, a professor at the University of Warwick (U.K.) and a research fellow at the Hoover Institution...

French Unions Strike, March as Sarkozy Pension Debate Starts

French unions held strikes nationwide and hundreds of thousands demonstrated as lawmakers began debating President Nicolas Sarkozy's bill to raise the retirement age, say observers...

MBAs Are For Wusses

Israel's army does not just train soldiers, it nurtures entrepreneurs, say observers...


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