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Created
Thu, 24/11/2022 - 22:13
70 organizations, cyber security experts, and elected officials sign open letter expressing dangers of Online Safety Bill On 24 November, seventy civil society organizations, companies, elected officials, and cybersecurity experts, including Global Encryption Coalition members, published an open letter to British Prime Minister Rishi Sunak highlighting their concerns with the threat that the United Kingdom’s […]
Created
Thu, 24/11/2022 - 20:00
Naoto Takemoto, Simon Jurkatis and Nicholas Vause In less than two decades, the system of market-based finance (MBF) – which involves mainly non-bank financial institutions (NBFIs) providing credit to the economy through bonds rather than loans – has both mitigated and amplified the economic effects of financial crises. It mitigated effects after the global financial … Continue reading Strengthening the resilience of market-based finance
Created
Thu, 24/11/2022 - 14:49

Stronger climate action and better resource sector governance are two ways in which Australia can partner with countries in our region to promote stability according to a research submission by the Australia Institute to the Inquiry into supporting democracy in our region. Key Points: Climate action has languished for the last decade and fossil fuel

The post Ending Fossil Fuel Finance, Improving Corporate Transparency Would Support Democracy in Pacific: Research Submission appeared first on The Australia Institute.

Created
Thu, 24/11/2022 - 14:45

The mammoth task of purchasing, operating, and maintaining nuclear-powered submarines is beyond Australia’s current industrial, skills and technological capacity to deliver, according to a new research paper by defence experts. Experts say the ambitious project is achievable, but only if the building blocks are put in place with great care and deliberation. The report, Australia’s

The post Australia Not Currently Capable of Delivering Nuclear Subs Project: Defence Experts appeared first on The Australia Institute.

Created
Thu, 24/11/2022 - 07:38

What Strategies can Break This Dependency?

The dollar system has proven resilient in the face of recent extreme and unexpected shocks, but it has also failed to foster sustainable growth and prosperity. Can it survive its contradictions? Evidence from the latest Trade and Development Report of UNCTAD suggests better South-South and commodity producers-consumers agreements are needed, on the way to a more inclusive international monetary system.


In a climate of fiscal austerity, unconventional monetary policy has been at the forefront of macroeconomic stabilization efforts since 2008, with the beginning of the Federal Reserve’s quantitative easing (QE) programs. At the time, when the fiscal channel dried up (after a short-lived stimulus) but growth and inflation remained low, developed countries relied on large purchases of bonds and other securities by their central monetary authorities to support long-term credit creation while maintaining the smooth functioning of the money markets.