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Keywords: Global Economic Crisis

There are more than 200 results, only the first 200 are displayed here.

  • ECONOMICS

    Blowback to Russia sanctions in Europe as gas crisis looms

    • David James
    • 03 October 2022
    5 Comments

    For Europe, especially Germany, there should be enough gas in storage to limp through winter but by next spring there may be severe trouble. The leaders of Europe and the United States expected that they would win the economic war against Russia and force the invader to withdraw. Not only did that not happen, it is likely to lead to severe unintended economic consequences.

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  • ECONOMICS

    Why we need new rules for money

    • David James
    • 23 August 2022
    4 Comments

    Now that it is becoming hard to avoid just how much trouble the global financial system is in, it is interesting to speculate about what should be done about it. The first thing to understand about the global financial system is that the assumptions that were used to shape it are demonstrably false.

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  • ENVIRONMENT

    Vatican commits to Paris Agreement

    • Stephen Minas
    • 14 July 2022
    3 Comments

    Indicating the Vatican will be stepping up its climate diplomacy, the Holy See is now a formal party to the UN Framework Convention on Climate Change and has declared it intends also to formally join the 2015 Paris Agreement. The Holy See announced that it would be acceding to the Paris Agreement as soon as that treaty’s ‘legal requirements’ allow.

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  • INTERNATIONAL

    An Australian Pacific tale: Climate security, sovereignty and neglect

    • Binoy Kampmark
    • 10 May 2022
    8 Comments

    On May 3, the Prime Minister of the Solomon Islands, Manasseh Sogavare, vented his fury in parliament at ‘the continual demonstration of lack of trust by the concerned parties, and tacit warning of military intervention in Solomon Islands if their national interest is undermined in Solomon Islands.’ The targets of the speech — Australia and the United States — were clear enough.

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  • AUSTRALIA

    Deep calling on deep

    • Andrew Hamilton
    • 13 April 2022
    11 Comments

    In our culture, Easter celebrates the benignity of the ordinary. It is a time for getting together with family, for going away to bush or beach, and in southern states a time of mild weather ideal for watching big football matches and other sport. The important question raised now by Easter is whether the meanings of Australian Easter, and indeed those available to our secular society, have the depth needed to handle our present predicaments. 

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  • ECONOMICS

    Supply to survive

    • Julian Butler
    • 31 March 2022
    1 Comment

    In 2020 as the Covid-19 pandemic raged globally, as Australia shut its borders and some states shut in their people, massive government income support was introduced. The government was a little slow coming to recognise the need for such measures. Once they had, they wanted the support rolled out as quickly as possible. Frydenberg, Scott Morrison and their colleagues recognised that a demand side boost was absolutely necessary to sustain economic activity. The government was uncomfortable, though, with this approach.  

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  • INTERNATIONAL

    Let slip the dogs of war: A tale of futility and bloody-mindedness

    • Dorothy Horsfield
    • 22 March 2022
    8 Comments

    Moscow-based Director of the Russian International Affairs Council (RIAC)Dr Andrei Kortunov warned of its tragic consequences for Russia in an article published four days before the launch of his country’s invasion of Ukraine. The de facto partition of Ukraine, he said, as a result of the Kremlin’s recognition of the independence of the People’s Republics of Donetsk and Luhansk, will signify ‘the final formalisation of the division of Europe’ from which there may be no easy retreat.

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  • INTERNATIONAL

    Hope against hope

    • Andrew Hamilton
    • 17 March 2022
    12 Comments

    Taken together the events of recent years suggest that we face a crisis, a time in which the working assumptions that have guided our personal and collective lives no longer hold. If we do not change we face increasing threats to the world that we shall hand on to our children. 

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  • ECONOMICS

    What will rising interest rates mean for wealth inequality?

    • David James
    • 01 March 2022
    3 Comments

    Australia’s Reserve Bank mainly concentrates on keeping inflation within an acceptable range and maintaining a high level of employment. Social equity has never been considered to be part of its mandate. It should be. Interest rates have been the biggest cause of economic and social division in Australia, not just between rich and poor, but also between older and younger generations. 

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  • ARTS AND CULTURE

    Our hopes and fears for 2022

    • Barry Gittins
    • 14 January 2022
    4 Comments

    We’ve been in a pressure cooker, these past two years. More than a score of historians had memorably described 2020 as the sixth-most ‘stressful year ever’. Predictions and speculations look ahead; I looked at the past trends of the past two years and make these humble observations. With the stage set for dire times, here are six trends to look for in 2022. Here’s hoping.

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  • ENVIRONMENT

    Best of 2021: Not just climate adaptation, but genuine transformation

    • Cristy Clark
    • 11 January 2022
    3 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

    Why Australia’s rural sector is ripe for financial reform

    • David James
    • 06 December 2021
    4 Comments

    If Australia does draw back from globalisation — as opposed to trade, which will continue — then there should be more focus on our primary sector and how it could be better financed. Australia’s long history as a primary producer constitutes what economists call a ‘comparative advantage’: an economic area in which a country does best while giving up the least.

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