Smart Future Smart Future

Publications

20

Mar'16

Those Gruelling U.S. Tax Rates: A Global Perspective

The Tax Foundation released its inaugural “International Tax Competitiveness Index” (ITCI) on September 15th, 2014. The United States was ranked …

Read More

20

Mar'16

Yet Another Greek Secret: The Case of Phantom Assets

When banks are in distress, it is important to assess how easily the bank’s capital cushion can absorb potential losses …

Read More

20

Mar'16

Follow Panama: Dollarize

Most central banks do one thing well: they produce monetary mischief. Indeed, for most emerging market countries, a central bank …

Read More

20

Mar'16

Venezuela: World’s Highest Inflation Rate

Venezuela’s bolivar is collapsing. And as night follows day, Venezuela’s annual implied inflation rate is soaring. Last week, the annual inflation rate …

Read More

20

Mar'16

Venezuela’s Inflation: Up, Up, and Away

Like the 2009 Oscar award-winning Pixar film Up, Venezuela’s annual inflation rate has soared sky high (see the chart below). …

Read More

20

Mar'16

Venezuela: Not Hyperinflating—Yet

Although Venezuela’s inflation has soared (see: Up, Up, and Away), Venezuela is not experiencing a hyperinflationary episode–yet. Since the publication …

Read More