Articles on Economy

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A 1792 painting by artist James Gillray portrays the Macartney Embassy mission to China, when the British ambassador was rebuffed by the emperor after offering western goods. There are parallels in Chinese history to Donald Trump’s isolationism. British Museum/1868,0808.6228

Lessons in Chinese history as America shuts off from the world

China turned inward during the Industrial Revolution after being a economic powerhouse for thousands of years. There are lessons about the dangers of Donald Trump's isolationism in Chinese history.
When details started leaking late Wednesday Malcolm Turnbull quickly declared its proposed model had been rejected. David Mariuz/AAP

Turnbull government says no losers in its new GST carve-up plan

The government's plan released by Treasurer Scott Morrison on Thursday, would ensure the fiscal capacity of all states and territories was "at least the equal of NSW or Victoria, whichever is higher".
People who work in the black economy come from industries as diverse as horticulture, retail, cleaning, construction and childcare. www.shutterstock.com

What it’s like to be a ‘black economy’ worker

But the black economy is more common than we think – how many of us have paid tradies, gardeners or cleaners cash without the exchange of relevant paperwork?
Men transporting a large bag in the Muvumba river valley in Kigali. A massive Rwandan electrification programme sets out to benefit rural communities. Shutterstock

How electricity changes lives: a Rwandan case study

A massive rural on-grid electrification programme in Rwanda has delivered considerable benefits. But is it the most sensible way to deliver power to remote areas?
Pamphlets for participatory budgeting processes in New York , a system that does back to ancient Greece. Daniel Latorre/Flickr

When citizens set the budget: lessons from ancient Greece

Politicians assume that voters cannot face the financial truth. To democracy experts this is just wrong. Involving voters results in better budgets as shows history from ancient Greece.

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