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Economics & Business news

Global trade entrenches poverty traps

Competition between countries on global markets, says conventional wisdom in economics, is a Darwinian process that will weed out not only high-cost firms but also societal norms and institutions that are impediments to low-cost ...

dateOct 27, 2017 in Economics & Business
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Shedding light on dark markets

Trading of shares and other financial instruments on decentralised or "dark" markets has no effect on the transparency of price information or the way in which those prices are determined, according to new research by the ...

Report offers advice for avoiding 'crisis contagion'

A collaborative research project involving a Victoria University researcher has identified key risk factors that increase the likelihood of 'crisis contagion', where a reputational crisis spreads from one company to another.

Whatever happened to the 15-hour workweek?

In 1930, the economist John Maynard Keynes predicted that technological change and productivity improvements would eventually lead to a 15-hour workweek. But, despite significant productivity gains over the past few decades, ...

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