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Articles on Economic growth

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Treasurer Josh Frydenberg at parliament house on Wednesday. Lukas Coch/AAP

Six graphs that explain Australia’s recession

It's the worst since the Great Depression and it isn't clear there's a path out.
A child in a poor and isolated village in Rote Island, East Nusa Tenggara. (Shtterstock/Reezky Pradata)

Without intervention, model shows COVID-19 will drag at least 3.6 million Indonesians into poverty

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.
An elderly man at a social grant paypoint in South Africa after the COVID-19 lockdown. (Photo by MARCO LONGARI / AFP) () Photo by Marco Longari/AFP via Getty Images

South Africa needs to end the lockdown: here’s a blueprint for its replacement

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.
Research shows Canadians want to move away from the GDP as a measurement of progress, prosperity and happiness, and consider protecting the environment more critical than growth. A hiker is seen here in British Columbia. Alex Shutin, Unsplash

Are Canadians ready to ditch GDP as a key prosperity indicator?

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.
Hyunday’s five-factory complex at Ulsan, South Korea, which can make 1.4 million vehicles a year, fell silent on February 7 because of a lack of parts caused by the coronavirus outbreak. Yonhap/AFP

The growing impact of coronavirus on the global economy

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.

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