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Global economy

Analysis and Comment (4)

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Satyajit Das: "I think the democratic process and the politics of the world relies on a very fragile construct. One is trust. And trust relies on economic growth." Supplied

Satyajit Das: Europe will have far-reaching consequences for everybody

Welcome to the latest in our In Conversation series, between risk analyst and author Satyajit Das and Kevin Davis, Research Director of the Australian Centre for Financial Studies. Satyajit Das is an…
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Decoupled: The Reserve Bank of Australia's decision to hold interest rates has been ignored by the banks. AAP

Rates of wrath: understanding the Big Four’s actions on interest rates

Last week, the Reserve Bank defied market expectations to announce the 4.25% cash rate would remain unchanged. But the surprise decision by Australia’s Big Four banks to act independently of the Reserve…
Acceptance
After the global financial crisis, a more restrained and open-minded approach to economics is needed. AAP

Time to accept economic known unknowns? The case for ‘pluralism’

Confidence in economics has been dented by the global financial crisis. But what is reasonable to expect of economists? People joke about economists disagreeing, but is it feasible for there to be one…
Globalisation
Protests continue - but are global economies now bound inextricably together?

Remember globalisation? It’s all around you

Remember globalisation? It’s not a term that’s much in vogue any more. Here at Flinders University, our globalisation program closed down last year. But if you were around in the 1980s and 1990s, you…