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Search Results: GDP

  • ECONOMICS

    Women deserve a bigger role in our economic recovery

    • Nicola Heath
    • 30 June 2020
    2 Comments

    It turns out that the COVID-19 economic crisis is disproportionately affecting women — so much so that some have dubbed it a ‘pink-collar recession’. Unemployment figures show that since February, 457,517 women have lost their jobs compared to 380,737 men.

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  • ECONOMICS

    The flawed ideology of healthcare as business

    • David James
    • 28 May 2020
    5 Comments

    Calling healthcare a business was always logically flawed. Money is involved, but it is unlike any consumer product businesses. For one thing, the ‘customer’ in health does not decide what represents value, the provider (the doctor or equivalent) does. Patients may have a say, but usually only on the margin.

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  • AUSTRALIA

    Back to business as usual

    • Andrew Hamilton
    • 07 May 2020
    5 Comments

    For comfortable communitarians among us it is tempting to lament the loss of the solidarity displayed in the first response to coronavirus. That would be a mistake. Solidarity is not a mood to be looked back on with nostalgia, but a commitment to be built and defended.

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  • ECONOMICS

    Taking a closer look

    • David James
    • 29 April 2020
    6 Comments

    The COVID-19 pandemic is starting to ease, but the economic and financial fall out has just begun. It is not as if the world economy was in good shape before economic activity was slashed and entire industries were shut down. Those fault lines are only going to worsen, and the consequences might be very dark.

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  • ECONOMICS

    The possible economics of COVID-19

    • David James
    • 01 April 2020
    4 Comments

    The world-wide chaos caused by the outbreak of the coronavirus has underlined a lesson that was only partly learned in the Global Financial Crisis of 2008. In a more interconnected world the understanding of system-wide risk needs to be much better than it is.

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  • ECONOMICS

    Be wary of a cashless future

    • David James
    • 03 March 2020
    10 Comments

    We live in an era of hyper-transactionalism, whereby most of what we do is subject to the exchange of money and market pricing. Whereas in the past much of humanity was bound to a political system, now most of us are bound to a globalised monetary system.

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  • ECONOMICS

    How climate change is remaking finance

    • David James
    • 04 February 2020
    3 Comments

    A shift is afoot in the west's financial markets that represents the most important economic change since the emergence of the new financial instruments in the 1990s that ultimately led to the global financial crisis. It is likely to result in a new way of thinking about money, which will change the substructure of developed economies.

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  • AUSTRALIA

    Migration hardline is selling Australia short

    • Bree Alexander
    • 12 November 2019
    3 Comments

    Due to this stance, immigration is arguably not being leveraged to actually benefit the country, including its flailing economy. This is despite a government report released last year stating that immigrants increase GDP and helped avoid the 2008 financial crisis.

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  • ENVIRONMENT

    Greenies and miners don't need to be at war

    • Tim Hutton
    • 08 November 2019
    6 Comments

    Miners are not the enemy. In fact, those who once worked in mining are key to implementing change. After all, renewable energy isn't going to build and maintain itself. Our coal-fired power stations are starting to reach the end of their life cycle, and many countries are rapidly divesting from coal. We owe it to our nation’s workers to plan for the future.

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  • ECONOMICS

    Capitalism isn’t dead, it just smells funny

    • David James
    • 24 September 2019
    9 Comments

    It is easy to blame the financial sector — and the governments that were supposed to oversee the financial system but instead just washed their hands of it — for creating this global debt debauch. They certainly bear much of the responsibility. But in many ways the financial misbehaviour is as much symptom as cause.

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  • INTERNATIONAL

    Sinking Kiribati raises sovereignty questions

    • Alana Schetzer
    • 19 September 2019
    8 Comments

    This tiny nation isn't just at risk of physically disappearing because of rising sea levels. It's also at risk of disappearing politically and culturally. Kiribati's shaky future raises the unprecedented question of what could happen to its sovereignty if — or when — it physically disappears. Can a nation still exist without an actual country?

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  • ECONOMICS

    Inside US and China's dodgy economies

    • David James
    • 07 September 2019
    6 Comments

    One of the ironies of the intensifying tariff war between America and China is that that neither of the two giants seems to have a viable economic model. Both countries' systems are based on dodgy financial engineering and printing money, or just inventing new types of money out of thin air.

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