China’s Communist Party has overseen an economic miracle over the past 20 years, but they are now facing the consequences of becoming the fastest growing economy on the planet. With China’s GDP now standing…
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It is not easy to devise a solution to Australia’s productivity slowdown when a shared understanding of the problem is so elusive. While there is recognition among policy-makers that productivity is a…
Treasurer Wayne Swan recently noted that Australia now has the world’s twelfth largest economy. This suggests it has moved up three places during Labor’s period of office, and regained the three places…
Welcome to Shades of Grey, a series from The Conversation that examines the challenges posed by Australia’s ageing workforce, Today, Macquarie University’s Ben Spies-Butcher explains how increasing the…
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…
This week’s global report ranking Australia’s productivity growth performance second-last on a list of 51 countries raised eyebrows and prompted calls for urgent action. The Australian Human Resources…
Cutting greenhouse gas emissions is like buying an insurance policy: we incur a cost to reduce a risk. Every year Australians spend millions on insuring homes, cars and their health, not because they know…
Economists are regularly criticised for worrying about gross domestic product (GDP) and similar measures. The classic statement of the case was by Robert F Kennedy: “Too much and too long, we seem to have…
European financial woes are mounting daily is what some have called the biggest economic challenge of our generation. However, just over a decade ago an even larger financial crisis was unfolding in Australia’s…
Last week’s decision by China to cut interest rates by 0.25% seemed to attract almost as much attention in Australia as the same decision by the Reserve Bank of Australia (RBA) several days earlier. The…
A simple line graph of the share of mining investment in Australia’s GDP reveals the scale of what our economy is going through. It shows that mining investment is now twice as large relative to GDP as…
If Australian governments are serious about raising rates of economic growth, they must reform the tax mix and increase the workforce participation rates of women and older people. Each of these reforms…
Widening the GST net and boosting workforce participation by women and older people could grow GDP by $70 billion within a decade, according to a report by independent think-tank the Grattan Institute…
Treasurer Swan’s commitment to bring the government budget into surplus in 2012-13 may be a political imperative, but is not good economics. The focus for prudential fiscal management should instead be…
The recent economic forecasts of the IMF and OECD about prospects for economic growth remind me of an aphorism about the economist who drowned while crossing a river he estimated that was, on average…
Monetary policymaking is imperfect. When board members of a central bank such as the Reserve Bank of Australia sit down to set the appropriate target cash rate each month - as they did this week - there…
These days, most economic commentators in Australia sing from the same hymn sheet when it comes to discussing our economic prospects: while the ongoing gloom in the US and the outright deterioration in…
Countries with high incomes and high carbon emissions do not achieve higher life expectancies than those with moderate incomes…
For over 200 years, since the industrial revolution, we have seen economic growth strongly coupled with the consumption of more and more resources. The more we grew, the more we consumed. This model works…
While global warming deniers have been effective in their aim of sowing doubt in the public mind, the most powerful argument used over and over has been that cutting emissions will cut growth, and that…
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Professor of Economics, UNSW Sydney
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Professorial Fellow, University of Canberra
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Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra
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Founding Director, Institute for Sustainability, University of Surrey
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Dean of Business School, University of Southern Queensland
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Economist at Centre of Policy Studies, Victoria University
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Professor of Economics and National Senior Teaching Fellow, Griffith University
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Director and Professor, Australia-China Relations Institute (ACRI), University of Technology Sydney
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Associate Professor in International Macroeconomics, Cambridge Judge Business School
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Senior Lecturer in Economics | Freelance Consultant, Sheffield Hallam University
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Honorary Professor of Economics, UCL
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Professor of Economics & Business, Allegheny College
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Lecturer in Economics, University of the Witwatersrand
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Professor, Department of Geography and the Environment, University of Denver
