two speed economy

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Mining Not A Boom For Women

I have written previously on inequality and gender relations in the Australian economy and, in light of ESSA’s upcoming Q&A, I thought I would put an immigration and two-speed economy spin on the topic.

There has been considerable dialogue on whether the two-speed economy is causing inequality – between the east coast and the west, between mining and manufacturing and retail, between the super rich and ‘the rest’.

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A Broader View of the so-called Resource Curse

In light of ESSA’s upcoming Q&A event, this article will explore some of the effects of Australia’s two-speed economy and how it relates to the wider notion of a ‘resource curse’, ultimately branching out to include some of the social and political consequences often befalling countries which own large amounts of natural resources. From a brief overview of Australia’s current macroeconomic situation, the more unsettling aspects of a resource boom will be considered in the context of some developing nations, often regarded as examples of economic and political mismanagement.

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Structural Changes in the Australian Economy: Part 2 – The Two Speed Economy (Q&A special)

Many of you would be aware that ESSA is hosting a Q&A event on the evening of Thursday August 16th, where our brilliant panel will be answering questions on immigration and the two-speed economy. In honour of Q&A, I have decided to continue my series on structural changes (read the first installment here) with an analysis of the two-speed economy. This article attempts to provide a snapshot of the key issues surrounding our two-speed economy and the main policy implications. I also consider some of the potential questions that our panel may be forced to contend with on the night!

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Structural Changes in the Australian Economy: Part 1

Part 1 – The Modernisation of China, Our Commodities Boom, and Structural Adjustment. 

 

This article is the first of a series of macroeconomic analyses which I’ll be conducting on the changing structure of the Australian economy. In recent years, economic commentators and policymakers alike have been uttering the words “structural change” faster and more often than the RBA can say: “At its meeting today, the Board decided to…” As this term is likely to remain on everyone’s lips in the foreseeable future, it’s high time to make sense of it. We’ve all heard statements being thrown around like “once-in-a century terms of trade”, “two-speed economy”, and even “Dutch Disease”.

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