Keywords: Global Economic Crisis
There are more than 200 results, only the first 200 are displayed here.
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ECONOMICS
- David James
- 08 November 2021
4 Comments
The Glasgow United Nations Climate Change Conference has been advertised as an effort to focus on sustainable environmental solutions. What got much less attention, if any, is that it is probably at least as much about having a sustainable financial system. Many noted that China, did not send its leader: Xi Jinping, president of the world’s greatest CO2 emitter. There was also another significant absence: the financiers who are hoping to profit from the trillions allocated into climate change projects.
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ENVIRONMENT
- Cristy Clark
- 21 October 2021
7 Comments
On 8 October, at its 48th session, the United Nations Human Rights Council formally adopted a resolution recognising the human right to a clean, healthy and sustainable environment. It emphasises that ‘environmental degradation, climate change and unsustainable development constitute some of the most pressing and serious threats to the ability of present and future generations to enjoy human rights, including the right to life’.
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ECONOMICS
- David James
- 12 October 2021
4 Comments
Over the last two years, money printing has created the illusion of strength in savings. But when reality resurfaces, and actual returns are required from actual economic and business activity, the global financial system will come under extreme stress.
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ECONOMICS
- David James
- 12 August 2021
4 Comments
The biggest mystery of the financial markets is why, when the monetary authorities have been printing money with their ears pinned back, is inflation for the most part not a problem? What happens with inflation is crucial to the short-term survival of the whole system. Global debt, which is running at well over 300 per cent of global GDP, is only sustainable because interest rates are exceptionally low (the base rate in Australia is only 0.1 per cent). And interest rates are low because inflation is not a problem.
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ECONOMICS
But although the Coalition will never admit it, it looks suspiciously like there has been some bipartisan institutional learning about how to manage financial crises. If you want to stimulate an economy in times of crisis put the money directly into the economy, either into people’s pockets or to businesses who then pass it on to workers.
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INTERNATIONAL
- John Watkins
- 20 April 2021
6 Comments
The stark differences between Australia and Papua New Guinea during this crisis are a reminder of how far we still have to go to make sure that all humans, no matter where they’re born, have access to decent healthcare.
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ENVIRONMENT
- Stephen Minas
- 18 February 2021
2 Comments
The COVID-19 pandemic has provoked difficult questions about the links between the simultaneous health and ecological crises. These questions were examined in late January at the virtual Halki Summit, the latest in a long series of environment-focused events convened by the Istanbul-based Ecumenical Patriarchate.
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ENVIRONMENT
- Cristy Clark
- 10 February 2021
4 Comments
On a superficial level, it makes no sense to commit so strongly to managing the impacts of climate change (adaptation) on the one hand while refusing to significantly reduce emissions (mitigation) on the other. On the other hand, when you start to unpack the logic of so much adaptation policy, this contradiction fades away.
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ECONOMICS
- David James
- 17 November 2020
5 Comments
There is a common error about economics that, if not corrected, has far reaching consequences. It is the widely held belief that economic growth and consumption are the same. They are not.
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ENVIRONMENT
- Marnie Vinall
- 12 November 2020
4 Comments
Since the pandemic started to show its teeth on our shores in March, there’s been a trend to wave away any other matter other than COVID-19 with an examination of, ‘Just one crisis at a time — we’ll get to climate change after we’ve got the economy back on its feet.’ The only problem is we don’t have the luxury as a nation to solely focus on one crisis at a time.
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AUSTRALIA
- Tim Robertson
- 05 November 2020
Bosses give any number of reasons, often focused on some vaguely defined notion of productivity, why they do or don’t support remote working, but ultimately it comes down to a single, fundamental question: what is the ideal balance between reducing expenditure and surveilling workers?
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INTERNATIONAL
- Kirsty Robertson
- 20 October 2020
7 Comments
This Budget is a missed opportunity. It was a chance for the government to do something radical, to make real and defined impacts. Instead, we’ve increased funding for some regions, but at the cost of some of the most marginalised populations in the world, who have experienced years of discrimination, poverty and displacement.
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