Resolution of South Africa’s fiscal crisis depends on faster economic growth which must be led by private investment. Fiscal consolidation is necessary but without growth debt will not stabilise.
Anna Boucher, University of Sydney and Robert Breunig, Crawford School of Public Policy, Australian National University
Australia’s population growth is expected to be stagnant over the next two years, due largely to decreased immigration. This won’t lead to a quick economic recovery.
This idea environmental regulation hurts the economy is deeply entrenched in pro-business discourse. Our analysis of 22 nations suggest, in the long term, the opposite is true.
South Africa must benchmark its education policies against high-income countries, if it wants to become one, and not measure its performance against its peers.
Fisca Miswari Aulia, National Development Planning Agency (BAPPENAS); Maliki, National Development Planning Agency (BAPPENAS), and M Niaz Asadullah, University of Malaya
Bappenas conducted a simulation to predict how COVID-19 will impact poverty in Indonesia. Without intervention, the pandemic will drag at least 3.6 million Indonesians into poverty by the end of 2020.
South Africa must develop a comprehensive health and economic strategy if it is to stop the COVID-19 pandemic without causing long term socio-economic damage.
With a deepening climate crisis, unprecedented biodiversity loss and widespread inequality, it’s pertinent to question if indefinite GDP growth will deliver true and long-lasting prosperity.
As the human costs of the Covid-19 virus epidemic continue to rise, the virus is also taking its toll on global economy, with disrupted supply chains across a wide variety of industries.
Peter Martin, Crawford School of Public Policy, Australian National University
The Conversation’s 2020 economic survey points to a dismal year, with no progress on many of the key measures that matter for Australians and an increase in the unemployment rate.
Principal Research Fellow, Melbourne Institute of Applied Economic and Social Research, and Professor of Economics, Department of Economics, The University of Melbourne