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Articles on Economy

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Unemployment is compounded by the prospect of automation replacing humans in production chains. Reuters/Bobby Yip

How to create jobs in the age of robots and low growth

Rethinking work is crucial for industrialised and emerging economies, where job losses are being felt even in the presence of substantial, although diminishing, economic growth.
Pittsburgh, between its industrial past and a clean, green tech-driven future. Dllu

Pittsburgh: A city of two post-industrial tales

Pittsburgh’s post-industrial economic resurgence is promising, a historian of the region writes, but there’s a reason President Trump highlighted the area in his speech exiting the Paris climate deal.
The Conversation

Four ways an Australian housing bubble could burst

There’s been quite a bit of speculation over whether Australia has a property market bubble - where house prices are over-inflated compared to a benchmark - and when it might burst. According to housing…
Shadow or parallel banking refers to the non-bank financial intermediaries that supply services similar to commercial banks. Jenny Evans/AAP

Explainer: shadow banking and where it came from

Shadow banking provides investors with the means to isolate risks, transfer profits, avoid regulation and increase the range of money-like financial products available for investment.

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