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Beware the “Amabots” or becoming One
In virtually every science fiction novel or film, there is an evil corporation that dominates the world, from LexCorp in the Superman franchise to Weyland-Yutani in Alien. Their masterminds...
India’s Reserve Bank Independence is Endangered
India’s Reserve Bank has been doing a commendable job of maintaining price stability and securing Indian markets from external shocks. But a proposal from the government to remove control...
Potential Unintended Consequences from Australia’s Bank Deposit Tax
The federal government has given itself until the end of the year to respond to the many recommendations contained within last year’s Financial System Inquiry report, but in one...
Mind the (Interest Rate) Gap
When the men and women of the committee that sets UK interest rates get together these days, they are dealing with a deceptively simple question. Rates will go up,...
The Political, Economic and Social Fallout after Tianjin
The massive explosion that tore through the port of Tianjin on August 12 has had a profound effect on the city. As well as the terrible loss of life...
The Symbolic versus Economic Value of the New Suez Canal
Egypt has opened a second lane to the Suez Canal amid much fanfare. The US$8 billion dollar expansion adds 35km of new channels to the existing canal and another...
Measuring the Gig Economy Down Under
When policy think tank the American Action Forum tried to put a number on the gig economy last month, it triggered considerable debate on just how much the sector...
Australia’s Yuan Worries
The decline in the yuan is not very large, and the way in which it happened is not very nefarious. The Chinese central bank normally intervenes heavily in the...
South Africa’s Intractable Unemployment
In the wake of the financial crisis and the ensuing period of austerity, there has been a renewed interest in the working poor in developed countries, including the US...
Digital Currency Rules and Bitcoin’s Future
The tax treatment of digital currencies is a challenge for governments around the world, as it is for other aspects of the “disruptive” digital economy. In October 2014, the...