The Indian economy is in trouble. The anticipated tapering of the US Federal Reserve’s aggressively expansionary quantitative easing program has seen a drying up of capital inflow into a country with a…
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There has been much, and justified, criticism, of Tony Abbott’s decision to conceal the costings of his policies until two days before the election, when the electronic media blackout will be in place…
**A more sustainable Australia.* As the 2013 election campaign continues, we’ve asked academics to look at some of the long-term issues affecting Australia – the issues that will shape our future.* How…
“We have among the lowest of budget deficits and debt to GDP of any other major economies in the developed world… If it’s so bad, Mr Abbott, why have we been given by the three ratings agencies a AAA credit…
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…
Liberal MP Andrew Robb has criticised the rise in public debt under the current Gillard government in a recent ABC radio interview. During the interview, Robb claimed growth in public debt was excessive…
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…
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…
Top contributors
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Scientia Professor of Economics, UNSW
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Senior lecturer, Canberra School of Government, University of Canberra
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Professorial Fellow, University of Canberra
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Founding Director, Institute for Sustainability, University of Surrey
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Professor of Economics, University of Canberra
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Professor of Economics & Business, Allegheny College
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Dean of Business School, University of Southern Queensland
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Director, Centre of Policy Studies, Victoria University
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Associate Professor, School of Economics, University of Sydney
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Emeritus Professor of Economics (Griffith University) and Teaching Associate (University of Queensland), Griffith University
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Director and Professor, Australia-China Relations Institute (UTS:ACRI), University of Technology Sydney
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Associate Professor in International Macroeconomics, Cambridge Judge Business School
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Lecturer in Economics, University of the Witwatersrand
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Professor, School of Economics, The University of Queensland