Australia's stubborn growth problems are moving at a geologic pace
- Written by Richard Holden, Professor of Economics and PLuS Alliance Fellow, UNSW
Vital Signs is a regular economic wrap from UNSW economics professor and Harvard PhD Richard Holden (@profholden). Vital Signs aims to contextualise weekly economic events and cut through the noise of the data affecting global economies.
This week: Interest rates remain on hold as the RBA talks up employment growth, green shoots remain in manufacturing, and China strikes back in the Trump-led trade war.
- ^ official statement (www.rba.gov.au)
- ^ Australian population growing at 1.6% p.a. (www.abs.gov.au)
- ^ What economics has to say about housing bubbles (theconversation.com)
- ^ ABS data (www.abs.gov.au)
- ^ Performance of Manufacturing Index (www.aigroup.com.au)
- ^ America's allies will bear the brunt of Trump's trade protectionism (theconversation.com)
- ^ “comparative advantage” (www.investopedia.com)
Authors: Richard Holden, Professor of Economics and PLuS Alliance Fellow, UNSW
Read more http://theconversation.com/vital-signs-australias-stubborn-growth-problems-are-moving-at-a-geologic-pace-94405