Articles on Economic growth

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Spreading growth around. The_Virgo/Paul Callan

Deploy universities to fix England’s regional divide

Imbalances in the share of growth across the regions continue to be deep-rooted, the Office of National Statistics has confirmed. By 2012, the South East was the only region that had only just crept ahead…
Getting older people into tech is good for them and good for business. ArkanGL

Pension woes abound, but our tech future is just as pressing

Britons have been warned that they must save six times more for their pension or face poverty. The message is that it’s time to embrace deferred gratification and start saving. The average pension pot…
Protesters decry the weak outcomes of the Rio+20 Earth Summit in Brazil last year. Wikimedia Commons/Aliencow

Still time to change Earth’s long‑term forecast

After a lifetime promoting sustainability – sadly, with limited success – last year I sat down to consider what will happen to my beloved world over the next 40 years. The main question I asked myself…
Our current trajectory suggests that the world system will realise a decline in living standards. Image sourced from www.shutterstock.com

Reaching its limits: can the global economy keep growing?

In 1972 a group of scientists, known collectively as the Club of Rome, constructed a detailed mathematical model to test whether population growth and economic development could continue indefinitely and…
Trouble brewing for China? Eugene Hoshiko/AP

Timid reforms won’t save China from major growth crunch

China’s rapid economic growth, and the development of Shanghai, Chongqing, and Shenzen into modern metropolises, might easily give observers the sense of a successful country, full of confidence. Clearly…
Green shoots don’t become tall trees without long-term nurture. Skotkin

Growth based on consumption is only short‑term relief

The Office for National Statistics has issued the welcome news that UK GDP rose 0.8% from July to September this year. This is the fastest rate of increase in the past three years and is the third consecutive…

Economic growth and low carbon can coexist

Economic growth can continue while CO2 emissions are reduced says a new study conducted by the Energy Futures Lab and Grantham…
What is the future of Australian productivity and investment after the mining boom? AAP/Christian Sprogoe

After the boom: where will growth come from?

Where will jobs and growth come from after the mining boom? This is the fundamental question facing the next Australian government, whose success will depend to a great extent on how it addresses this…
EU politicians get to grips with the latest science. European Union, 2013

Using small business to turn science into EU growth

When we think of cutting-edge innovation, we tend to think of big corporations and their latest wheezes: Google Glass, Sony flat screens or Airbus’s newest plane. But small businesses play key roles in…
Osborne: coming after an extra £11.5bn from departmental expenditure. PA

Spending review 2013: a triumph of politics over reason

The spending review is a strange beast. Invented by Gordon Brown, it would normally cover 3 to 4 years instead of a single year – but this one is aimed at 2015-16. Chancellor George Osborne’s 2010 Review…
Buying power doesn’t always stack up as the best measurement for who we are and how far we’ve come. Shutterstock/ MaleWitch

More pie in the sky ‑ economic progress no slice of life

In the verbal volley between Gillard and Abbott, Swan and Hockey, there is a conversation that we are not hearing. It bubbles below the consciousness of mainstream Australia, a conversation that is old…
Time to start building, George. Lefteris Pitarakis/PA

IMF no longer BFF for Osborne

The International Monetary Fund’s annual investigation into the health of the UK economy makes ugly reading. The IMF points out that “per capita income remains 6% below its pre-crisis peak, making this…
Speed is not enough, we need growth. Gareth Fuller/PA

Planes and trains can deliver the growth the IMF wants

The International Monetary Fund’s annual report on the UK economy calls for the Chancellor to boost economic growth through investing in infrastructure. While the IMF is right to make this point, we must…
The world is definitely a mess, but women aren’t the ones to blame. AAP Image

We are destroying the joint

Without really knowing what he was saying, Alan Jones was right – we are “destroying the joint”. Any dispassionate assessment of the state of “the joint”, both the corner we occupy and the planet as a…

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