We hear a lot about the negative impact of rate rises on mortgage repayments while little is made of the benefits of high interest rates.
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There are two ways that international competition can reduce wages. Both are effects of globalisation.
There is a tidal wave of competition approaching the developed world from China – and foreign businesses have much to learn how Chinese companies evolved from imitators to innovators.
China’s newly introduced “e-commerce laws” are actually just closing a loophole in regulation and shouldn’t be seen feared by Australian businesses trading with the country online.
Researchers calculate whether we’re using less materials, or whether we’re just shipping it in from abroad.
In an interview with the Australian Financial Review last week, Reserve Bank Governor Glenn Stevens suggested the Australian dollar might fall to US75 cents in 2015. And he intimated that it wouldn’t be…
The fragmentation of global production has dramatically increased the length and complexity of supply chains. The Organisation for Economic Co-operation and Development (OECD) estimates that more than…
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Emeritus Professor of Economics (Griffith University) and Teaching Associate (University of Queensland), Griffith University
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Research Fellow in Sustainable Consumption, University of Leeds
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Associate Professor, University of Sydney Business School, University of Sydney
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AsiaGlobal Fellow, University of Hong Kong
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Honorary Professor, Business School; Recently Visiting Fellow at Hoover Institution, Stanford University and Oxford University, University of Sydney
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Scientia Professor of Economics, UNSW
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Lecturer in Economics, Monash University