If ever we wanted a reminder of how global capitalism has got things wrong, the Ebola outbreak in West Africa serves the purpose well. Our assumption that economic growth is essential is not only a feature…
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Articles on GDP
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China’s 7.4% growth in GDP is the weakest full-year growth rate in more than two decades, and the government’s official growth target last year is missed. But don’t expect an overreaction from the government…
The focus of the recently concluded G20 summit was economic growth. The final communiqué begins: “Raising global growth to deliver better living standards and quality jobs for people across the world is…
Not too long ago, cynics were wondering if David Cameron’s fears over the global economy were a ploy to shift blame for any flaws in the UK’s performance as we near the May 2015 general election. However…
Taken at face value, David Cameron’s warning this week about risks in the global economy sounds like it might be wonderfully prescient. Here’s the country’s economic chauffeur, carefully checking his instrument…
When discussing the state of the economy, politicians deploy two key tricks. First, get your excuses in early. Second, take all the credit for any good news but blame others for any bad news. David Cameron…
The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems – the problems of…
Since 1990, GDP per person in China has doubled and then redoubled. With average incomes multiplying fourfold in little more than two decades, one might expect many of the Chinese people to be dancing…
China’s economy grew by 7.3% during the third quarter of 2014, meeting market expectations. Polling by Reuters and the Wall Street Journal put the consensus forecast at 7.2-7.3%, the slowest pace in more…
Despite enormous economic growth over the past 200 years, developed and developing countries alike are failing to tackle crime and environmental problems, a major report from the OECD has concluded. The…
With France remaining economically stagnant, Italy falling back into recession, and Greece and Portugal still struggling to stand on their feet, the international community often looks to Germany, not…
Two studies about the impact of migration on the UK economy have been published which – if media reports are to believed – appear to contradict one another. A closer reading of these reports, however…
Even Angela Merkel now seems to agree that austerity has run its course. When Italy’s prime minister, Matteo Renzi, together with other European leaders, led a fresh charge against the ill-fated policy…
The CAMA RBA Shadow Board is a project by the Centre for Applied Macroeconomic Analysis, based at the ANU, which asks industry and academic economists what interest rate the Reserve Bank of Australia should…
When FIFA awarded the 2014 World Cup finals to Brazil seven years ago, it looked as if the tournament would be a coming out party for the country. Now, the picture is far more mixed. It has become fashionable…
To paraphrase The Wire’s Stringer Bell: “Product, my dear colleagues. Product”. When the putative “CEO” of the Barksdale drug gang was referring to “product”, he possibly wasn’t thinking of the “gross…
Treasurer Joe Hockey’s first budget creates a clear path almost to a surplus. Our children will pay much less for current spending. Real political courage was required to get this far. But the budget also…
Since publication this infographic has been amended. The original version stated the NDIS was scaled back. There are no planned cuts to the funding of the NDIS.
In the industrial era, economic growth has become equated with human progress, with a fundamental assumption that material growth and consumption inevitably leads to improvements in our well-being. Over…
What does the now sustained recovery in the UK and the still tentative signs of recovery in the eurozone tell us? According to some on the right, it says all is good in the world, austerity has been successful…
Top contributors
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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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Economist at Centre of Policy Studies, Victoria 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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Lecturer in Economics, University of the Witwatersrand
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Honorary Professor of Economics, UCL
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Dean of Business School, University of Southern Queensland
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Professor of Economics & Business, Allegheny College
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Professor of Economics and National Senior Teaching Fellow, Griffith University
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Professor, School of Economics, The University of Queensland
