Tag Archives: australia

Zoellick on China’s choices

A dis­cur­sive account by Greg Sheri­dan in The Aus­tralian of a con­ver­sa­tion with World Bank Pres­i­dent Robert Zoel­lick on, among oth­er things, China’s devel­op­ment conun­drum and the growth of emerg­ing economies as an anti­dote to pes­simism. Zoel­lick has a team of World Bank econ­o­mists work­ing close­ly with the Chi­nese lead­er­ship to help them move on […]

Learning to love the Boom

Sen­sa­tion sells, of course (“Salut DSK!”). Today’s Aus­tralian car­ries a gloom-laden account of Trea­sury Sec­re­tary Mar­tin Parkinson’s address to the Mel­bourne Institute’s Eco­nom­ic and Social Out­look con­fer­ence about struc­tur­al chal­lenges posed by the min­er­als boom. But news­pa­pers have been slow­er to pick up on two oth­er talks at the same con­fer­ence that I found still […]

Where in the world is “Watson”?

Where else? “But let’s get down to the clue lev­el: What’s the most com­mon answer on Jeop­ardy? That would be ‘What is Aus­tralia?’ That response appears in J-Archive 208 times, out of 197,736 total answers—to clues as diverse as ‘In terms of rain­fall, it’s the dri­est con­ti­nent after Antarc­ti­ca’ and ‘The over­arm ‘crawl’ swim­ming stroke […]

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, […]