Growth

Jul
01
What's up with Canada?

What's up with Canada?

Despite its proximity to the US and abundant natural resources, Canada's economy is hampered by inter-provincial trade barriers, powerful domestic cartels, and declining productivity, leaving it vulnerable to global trade tensions.
10 min read
Apr
24
The Kiwi in the coal mine

The Kiwi in the coal mine

New Zealand's economy is in trouble, with a double-dip recession and shrinking per capita growth. The decline stems from a lack of productivity reforms and an excessive focus on equity over efficiency. But Australia isn't much better, and we could easily join them if policymakers get complacent.
11 min read
Mar
14
What Australia's per capita recession really means

What Australia's per capita recession really means

Australia's national accounts were released last week and confirmed that our per capita recession – defined as two consecutive
9 min read
Feb
14
The wealth of our working nation

The wealth of our working nation

Japan's "lost decades" of low growth are due to its declining working-age population, not necessarily failed policies. With aging populations, policymakers in developed nations such as Australia will need to focus on right metrics, not just GDP growth, to craft effective policies.
8 min read