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, there […]