Monthly Archives: December 2010

The future of longevity

While there is so lit­tle activ­i­ty on trade agree­ments or nego­ti­a­tions and only promis­es of inno­va­tion in trade pol­i­cy, I’ve been pay­ing clos­er atten­tion to oth­er things. Demog­ra­phy, of course, and in this case epi­demi­ol­o­gy. It took twen­ty thou­sand cen­turies for life-expectan­­cy to dou­ble. But it grew by as much again in just one cen­tu­ry […]

Australia’s trade outlook is strong

By 2030 Chi­na, espe­cial­ly, dra­mat­i­cal­ly increas­es its share of world imports of agri­cul­ture, fos­sil fuels and ser­vices, accord­ing to the World Bank’s mod­el­ling Note, too, the pro­ject­ed share of low and mid­­dle-income economies in world trade in 2030: up from a third to a half.

Micro reform is urgent

Dr Gary Banks, Chair­man of the Pro­duc­tiv­i­ty Com­mis­sion (address to the Annu­al Fore­cast­ing Con­fer­ence of the Aus­tralian Busi­ness Econ­o­mists in Syd­ney on 8 Decem­ber 2010). Empha­sis added. Attempts to counter struc­tur­al pres­sures by either hob­bling the min­ing sec­tor or (fur­ther) assist­ing man­u­fac­tur­ing, could only detract from Australia’s longer term pro­duc­tiv­i­ty per­for­mance and liv­ing stan­dards. Indeed, […]