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Articles on Economics

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Give a man the means to borrow, so the argument goes, and he can work himself out of poverty. But do microfinances’ claims stand up? wk1003mike/Shutterstock

Does microfinance really alleviate poverty? The 34-billion-dollar question

Small loans from governments and philanthropists are often held up as a route out of poverty. But proper research into whether they work is thin on the ground.
French President Emmanuel Macron (right) talks to European Parliament, president Antonio Tajani (left) and Luxembourg’s prime minister, Xavier Bettel (center), during the Gothenburg summit on November 17, 2017. Ludovic Marin/AFP

Gothenburg’s summit for fair jobs and growth: a new narrative for Europe?

The final report of the EU’s summit in Sweden makes generous use of the adjective “fair”. With populism and xenophobia are on the rise, could this be the basis of a new narrative for Europe?
China’s true economic strength could be overstated as statistics suggest that the US are still top dog. AAP Image/ Lukas Coch

China’s economic power is actually a lot smaller than you think

As Australia increasingly looks to Beijing for economic opportunities, questions must be asked about the true extent of China’s economic strength
The Conversation

Three (funny) charts on: 2017 in business and economics

Here in the business and economy team at The Conversation, we love charts. This year we’ve made plenty of good ones with academics.
Post-war Australia experienced a boom with full employment and falling inequality. State Library of Queensland

Governments haven’t always shirked responsibility for our low wages

The federal government could restore its commitment to creating full employment in Australia, using its spending power to make up for any shortfall in private jobs as it did during the post-war boom.
Academics put Hammond in the spotlight. EPA-EFE/ANDY RAIN

Budget 2017: experts respond

Academics deliver their verdict on Philip Hammond.
Paper chains hang on the White House fence in Washington in October 2010 during a demonstration against the IMF and World Bank neoliberal economic policies during their annual meeting. Has the term neoliberalism run its course? (AP Photo/Jose Luis Magana)

What exactly is neoliberalism?

The term “neoliberalism” has a rich history but has it run its course as an accurate concept when so many people have such different understandings of what it means?
Most Puerto Ricans are still in the dark, as is the mainland about the recent hurricanes’ economic impact. Reuteres/Alvin Baez

Why Puerto Rico ‘doesn’t count’ to the US government

Although Puerto Ricans are American citizens, what happens on the island tends to stay there, at least in terms of economic data.

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