S. Korea's exports plummet by 10.3% in 2019
Dec 19, 2020 23:52 pm UTC| Economy
South Korea exported $541.2 billion worth of goods in 2019, down 10.3 percent from 2018 the previous year due to sluggish overseas demand for semiconductors, data from Statistics Korea and the Korea Customs Service...
Sweden and Japan are paying the price for COVID exceptionalism
Dec 19, 2020 09:57 am UTC| Economy
One of the most striking things about the COVID-19 pandemic is just how dramatically different the responses have been from country to country. In early 2020, when little was known about the virus, this difference was...
Chance for genuine industrial relations reform thrown under the omnibus
Dec 17, 2020 11:50 am UTC| Insights & Views Economy
When Prime Minister Scott Morrison announced the formation of five working groups of employers, unions and government officials in June 2020, he signalled an unexpected twist to industrial relations reform. Some...
Dec 17, 2020 11:23 am UTC| Economy
New Zealand and China are being pushed toward further regional economic integration as part of the Regional Comprehensive Economic Partnership (RCEP) signed last month. On the face of it, the RCEP is a positive step for...
Footing the COVID-19 bill: economic case for tax hike on wealthy
Dec 17, 2020 11:17 am UTC| Governance Economy
Governments shouldnt be worried that raising taxes on the rich will harm their economies when deciding on how to pay for COVID-19. Our new research on 18 advanced economies shows that major tax cuts for the rich over the...
Real estate prices are reaching record highs but that doesn't mean it's the only time to sell
Dec 17, 2020 11:08 am UTC| Real Estate Economy
The real estate sector has unexpectedly thrived during the pandemic. In the last few months, property prices have broken one record after another, climbing to unprecedented heights. In times of recession, when...
Negative rates explained: how money for (less than) nothing is helping out the budget
Dec 17, 2020 11:07 am UTC| Economy
A week ahead of Thursdays budget update, it finally happened. Instead of the government paying to borrow in a way that would add to the burden on the budget (as has happened since time immemorial) it actually got paid...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects