Recently the Federal Government released its Intergenerational Report. An Intergenerational attempts to predict trends in areas related to the Australian economy over a forty-year period. Those areas include population trends and economic growth. So, is the report optimistic about the future?
Dr Peter McCawley AM, is a visiting fellow in the Indonesia Project at ANU and former Dean of the Asian Development Bank Institute, He explains to Sri Dean the key points of the recent Intergenerational Report and the extent to which the predictions might be reliable given current circumstances social, economic and political conditions. Why is productivity crucial?
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