Archive: July 2026

Bank of Japan’s Independence Reinforces Sanaenomics’ Credibility

 | 29 July 2026
Monetary, Blog | Tags: Central Banks, Governing Finance, Japan
Japan’s annual economic policy blueprint rarely moves markets. This year’s did, even before it was finalised. An early draft of the Sanae Takaichi administration’s ‘Basic Policy on Economic and Fiscal Management and Reform’ placed unprecedented emphasis on the compatibility of Bank of Japan policy with ... continue reading

Entrepreneurship or Income Reclassification? Responses to Preferential Taxation of Business Income in Poland

 and | 29 July 2026
Fiscal, Blog | Tags: Employment, Entrepreneurship, Poland, Tax Reform
Governments often tax small business income at lower rates than employment income. The rationale is often that entrepreneurship generates positive spillovers in terms of innovation, investment, and employment. ... continue reading