Yi Gang will take over the leadership of China’s central bank from Zhou Xiaochuan, who had been in the position since 2002.
International Monetary Fund/Flickr
As the governor of China's central bank oversees the stability of the world’s second largest economy, this leadership change is one the global economy is watching closely.
Economists try to create and use maps to navigate the world of human choices. But in some ways, these maps are limited.
Will structures like the Gangneung Ice Arena be worth the investment once the games wrap up?
AP Photo/Felipe Dana
South Korea's lofty vision of transforming the region into a winter sports hub may be pipe dream.
The arguments being made for corporate tax cuts lack solid empirical or theoretical backing.
Research on the impact of corporate tax cuts reaches different conclusions, depending on the time and place it looks at.
The Retail Prices Index (RPI) is responsible for rising rail fares and student loan repayments.
Up to 40% of recent immigrants in Australia are overeducated, making it hard for them to find suitable employment.
Hundreds of thousands of migrants have come through Australia's skilled migrant program. But we are wasting many of their skills.
Tasmania’s ageing population matters because as people get older they become more reliant on the services provided by governments (for example pensions, health and aged care).
Population growth for growth’s sake (as a proxy for economic growth), without consideration for the demands this creates might actually compromise Tasmania's economy.
Is it time to stop outsourcing?
Joe Giddens/PA Wire/PA Images
Problems at government contractor Capita and the collapse of Carillion are part of the same story of outsourcing gone wrong.
Emmanuel Macron, president of France, gestures during a special address in Davos, Switzerland.
AP Photo/Markus Schreiber
The French president said he would eliminate all coal-fired plants in his country by 2021, while his US counterpart is pushing policies intended to make them more profitable. Either way, the laws of economics will win.
It will be the private remarks between senior Australian business leaders and foreign investors at Davos that will likely be the most consequential for the Australian economy in the coming few years.
The latest data shows a big jump in jobs, but construction is slowing.
The number of jobs might be going up but the real test will be whether wages rise too.
The English Premier League is still popular despite being lopsided.
Many sports leagues have salary caps and drafts to maintain competition, but they not only hurt players but aren't that effective at keeping fans.
Poland and Hungary have recently clashed with Brussels over democratic freedoms, but economic drivers are at play, too.
There are some risks, like a crash in the price of Bitcoin, that are more certain than others in 2018.
The odds are that we get through 2018 without war, mass capital flight, or a housing crash. But all the risks are medium probability, and the consequences could be dire.
This year the Chinese Communist Party will tackle some of it’s biggest economic hurdles.
The Chinese government will use its consolidated power to try to reign in some of the biggest problems facing its economy in 2018.
Re-examining a survey of international studies on the price of beer, any tax increase will be only half as effective as planned in reducing consumption.
A new survey shows economic studies frequently report effects to be much larger than they actually are, leading to inflated claims about policy effectiveness and public benefit.
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?
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.
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?
At least one economist worries we’ll be mostly poorer.
AP Photo/Go Nakamura
We asked four of our regular economics writers to examine a key theme they expect to flare up in 2018 and why.
The 1994 Employment Minister Simon Crean even had to be briefed by officials on the content of the policy when Working Nation was released.
Cabinet papers released today by the National Archives show Working Nation began as a rational exercise but was soon overtaken by a desire to make the policy everything to everyone.