Keywords: Financial Crisis
There are more than 200 results, only the first 200 are displayed here.
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INTERNATIONAL
- Maddison Moore
- 01 September 2020
2 Comments
The global impact of COVID-19 has further increased inequality in food security, with nations already facing widespread famine, malnutrition and food insecurity being hit the hardest.
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INTERNATIONAL
- Andrew Hamilton
- 27 August 2020
9 Comments
When watching a news clip recently I was taken by a young woman’s attitude to the coronavirus restrictions. When asked how they had affected her, she said simply, ‘It is what it is’. The answer suggested an impressive acceptance far from the outrage, frustration and resentment that in the circumstances would not have been surprising.
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ECONOMICS
- David James
- 20 August 2020
6 Comments
There will be Great Reset in finance and economics. It is inevitable because the shock has been so great. The first problem is what to do with global debt, which was already at unsustainable levels before the virus hit: over 320 per cent of global GDP. The only way to prevent system-wide failure has been to lower interest rates to near zero levels.
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ECONOMICS
- Andrew Hamilton
- 13 August 2020
6 Comments
Amid the disruption of predictable life wrought by the coronavirus, governments have focused on jobs. Jobs lost in the response to the virus, and jobs created as we emerge from the crisis. The focus is worthy — behind each job lost is a person whose life has become anxious and uncertain. The language, however, is concerning. Defining the challenge as one of creating jobs expresses an understanding of work, the inadequacy of which the coronavirus has laid bare.
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AUSTRALIA
- Andrew Hamilton
- 06 August 2020
12 Comments
If they are to enlist the support of their people in acting responsibly in the face of coronavirus, governments must themselves practice responsibility. They must look to the good of the whole community, and especially to disadvantaged people who are at the greatest risk of contracting the coronavirus.
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AUSTRALIA
- Dustin Halse
- 30 July 2020
4 Comments
In Australia, we have long boasted of our unparalleled prosperity and strong economic growth. We have championed home ownership and the quarter acre block — after all our home is meant to be our castle. But for too many, the basic human right of having a place to call home remains out of reach.
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ECONOMICS
The full economic impact of the coronavirus lockdowns will not be fully felt until the end of the year, but it will be devastating. The Treasurer, Josh Frydenberg, is already estimating that the effective employment rate is 13.3 per cent; it may be headed for as high as 20 per cent. It raises a question, not just in Australia, but in many developed countries. Will there be a significant middle class left after such economic destruction?
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ECONOMICS
A commonly heard phrase, or rather media cliché, is that after the COVID-19 crisis ‘things will never be the same.’ It is an understandable sentiment, given the seemingly unprecedented nature of recent events. But how novel is what happened, and how much will actually change?
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AUSTRALIA
- David Manne and Laura John
- 18 June 2020
5 Comments
This Refugee Week, many asylum seekers and refugees are struggling to survive the COVID-19 pandemic. Some are trapped in immigration detention centres across the country in cramped and overcrowded conditions that make physical distancing impossible. Others are living in our community on temporary visas or no visas at all, struggling to make ends meet.
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AUSTRALIA
What is often not expected or well understood is the effect of ‘lag time’ aftershocks in our regions following economic crisis. Lag time is an attribute of some rural, regional and remote communities and is most often seen in economically path dependent and single industry communities, many of which of course, comprise RRR Australia.
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ECONOMICS
To date, most of the Morrison government’s economic packages could best be described as ‘economic welfare’. They are measures designed to limit the impact on the economy of the COVID-19 pandemic. The recovery phase will very much need to be about stimulating the Australian economy.
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INTERNATIONAL
Many women and children in Pakistan might not be safe within their own houses. They are being forced to be locked in with their abusers, with little to no hope of intervention from authorities or the outside world, as everyone is engaged in fighting with the virus.
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