In 1972 a group of scientists, known collectively as the Club of Rome, constructed a detailed mathematical model to test whether population growth and economic development could continue indefinitely and…
China’s rapid economic growth, and the development of Shanghai, Chongqing, and Shenzen into modern metropolises, might easily give observers the sense of a successful country, full of confidence. Clearly…
Mark Taylor, Warwick Business School, University of Warwick
The Office for National Statistics has issued the welcome news that UK GDP rose 0.8% from July to September this year. This is the fastest rate of increase in the past three years and is the third consecutive…
Where will jobs and growth come from after the mining boom? This is the fundamental question facing the next Australian government, whose success will depend to a great extent on how it addresses this…
When we think of cutting-edge innovation, we tend to think of big corporations and their latest wheezes: Google Glass, Sony flat screens or Airbus’s newest plane. But small businesses play key roles in…
John Van Reenen, London School of Economics and Political Science
The spending review is a strange beast. Invented by Gordon Brown, it would normally cover 3 to 4 years instead of a single year – but this one is aimed at 2015-16. Chancellor George Osborne’s 2010 Review…
In the verbal volley between Gillard and Abbott, Swan and Hockey, there is a conversation that we are not hearing. It bubbles below the consciousness of mainstream Australia, a conversation that is old…
John Van Reenen, London School of Economics and Political Science
The International Monetary Fund’s annual investigation into the health of the UK economy makes ugly reading. The IMF points out that “per capita income remains 6% below its pre-crisis peak, making this…
The International Monetary Fund’s annual report on the UK economy calls for the Chancellor to boost economic growth through investing in infrastructure. While the IMF is right to make this point, we must…
Without really knowing what he was saying, Alan Jones was right – we are “destroying the joint”. Any dispassionate assessment of the state of “the joint”, both the corner we occupy and the planet as a…
In a recent article on The Conversation Robert Nelson argues we are all morally culpable for unsustainable urban sprawl. He goes on to suggest we fix this by taking advantage of opportunities for higher…
The Australian economy grew 0.6% last quarter but Victoria, South Australia, Tasmania and the ACT are now technically in recession, according to new Australian Bureau of Statistics data. The new figures…
Four-year-old Ar Zin stared at my bag. He knew there was something special inside. The classroom full of 30 Burmese refugee children was so hushed that I could each child’s breath, and Ar Zin’s eyes followed…
Last week, the Organisation for Economic Cooperation and Development (OECD) in a preliminary version of its 2012 Economic Outlook lowered its growth forecasts for Australia from 3.7% to 3.0% in 2013. This…
Japan might be the third largest economy in the world, but the past 20 years have seen its GDP growth rate fall behind that of its economic rivals, the US and UK. The outlook appears bleak. Recently, Japan…
Australia will introduce a carbon tax on Sunday at A$23 per tonne of carbon. In 2015, an emissions trading scheme (ETS) will replace the tax. The aim is to cut Australian greenhouse gas (GHG) emissions…
OBESE NATION: It’s time to admit it - Australia is becoming an obese nation. This series looks at how this has happened and more importantly, what we can do to stop the obesity epidemic. Today we look…
Principal Research Fellow, Melbourne Institute of Applied Economic and Social Research, and Professor of Economics, Department of Economics, The University of Melbourne