A real estate sold sign is shown in Oakville, Ont., in December 2020. Real estate and farmland are traditional hedges against inflation.
THE CANADIAN PRESS/Richard Buchan
Global economic policy excludes low-income countries from the spending options that developed nations use to buffer their economies in times of crisis, and the pandemic has inflamed that inequality.
Treasurer Josh Frydenberg has announced massive budget deficits of $85.8 billion for the just-finished 2019-2020 financial year and $184.5 billion projected for 2020-2021.
A moored container ship in Qingdao, China.
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Steven Hamilton, Crawford School of Public Policy, Australian National University; Bruce Preston, The University of Melbourne, and Chris Edmond, The University of Melbourne
It’s far too early to declare victory. The need for conventional economic stimulus has just begun.
South Africa’s management of the COVID-19 pandemic must now shift from a centrally regulated approach to one that enables participation and compliance by communities, workers and businesses.