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: the US administration continues it’s anti-trade rhetoric, China grows a little faster than expected, Australian employment figures underwhelm, and the RBA seems unperturbed by household borrowing risk.
- ^ The report (home.treasury.gov)
- ^ trade is a zero-sum game (fortune.com)
- ^ America's allies will bear the brunt of Trump's trade protectionism (theconversation.com)
- ^ if trade deficits go down, economic output must rise (www.bloomberg.com)
- ^ comparative advantage (www.investopedia.com)
- ^ What we can expect from China's economy in 2018 (theconversation.com)
- ^ minutes (www.rba.gov.au)
Authors: Richard Holden, Professor of Economics and PLuS Alliance Fellow, UNSW