Monthly Archives: August 2007

Of Ninjas and Private Equity

Will There Be A Worldwide Financial Crash?    Listener: 25 August, 2007    Keywords: Macroeconomics & Money;    We cannot tell whether the current turbulence in international financial markets will continue, end or get worse. What is certain, though, is that there are serious financial imbalances in the world economy that have to be corrected in the long…
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Greater Good

Limit Your Carbon Emissions for Honourable Reasons, But Don’t Expect the World to Follow.   Listener: 11 August, 2007.   Keywords: Environment & Resources;  Globalisation & Trade;   It will not be easy for the world to solve the threat of global warming. It requires collective action, but there is no supranational political entity to…
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Mortgage Stress: How Much Has It Risen?

This note was commissioned by the Sunday Star Times (5 August, 2007)   Keywords: Distributional Economics; Macroeconomics & Money; Social Policy;  In the year to June 2004, 3.7% of all households suffered ‘mortgage stress’ defined as having at least 40% of their disposable income being used to service their mortgage. This definition of mortgage stress…
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