'The old order is not coming back,' Carney says in provocative speech at Davos — CBC News Prime Minister Mark Carney delivered a frank assessment of how he views the world in a provocative speech in Davos, Switzerland, on Tuesday, where he said the longstanding U.S.-led, rules-based intern...

" #Canada has what the world wants. We are an #energy #superpower. We have the most #educated population in the world … We have #capital, talent and a government with the immense #fiscalcapacity to act decisively. And we have the #values to which many others aspire." apple.news/AC5x7njQmTV6...

6/7 While acknowledging "pockets of extreme pressure" from U.S. #Tariffs on #Steel and #Aluminum, Carney projected confidence.

"Canada has what the world wants," he said, citing #Energy, #Talent, and #FiscalCapacity. "We actively take on the world as it is."

Public debt burden and crisis severity Recent theoretical studies have highlighted that both the level of public debt and the unit cost of servicing the debt (r−g) play a role in the sustai…

👉 Access the full study here: www.sciencedirect.com/science/article/pii/S001...

#PublicDebt #EconomicCrisis #Recession #DebtCost #FiscalCapacity #FAEDepartment #EconomicResearch

6/n Together, these articles shed light on the #challenges and #opportunities in building #FiscalCapacity and enhancing #TaxCompliance in #DevelopingCountries.