covid-19 - Economics Students Society of Australia

covid-19

A collection of 6 posts

The impact of COVID-19 on ESG investing

The impact of COVID-19 on ESG investing

When Milton Friedman famously proclaimed in his 1970 New York Times article that the overarching social responsibility of business is to increase its profits, the world was in a very different state than it is today. Fifty-two years onwards, Friedman’s shareholder doctrine which centres around the traditional market economy

Our Economy in 40 Years: Insights from the 2021 Intergenerational Report

Our Economy in 40 Years: Insights from the 2021 Intergenerational Report

Since its first edition in 2002, the Intergenerational Report has served as the government’s economic crystal ball by providing a peek 40 years into the future of the nation. Arguably Treasury’s biggest exercise in macroeconomic forecasting, the report examines current policies and historical trends to paint a picture

Global trade and coincident economic indicators in a post COVID-19 world

Global trade and coincident economic indicators in a post COVID-19 world

The recent blockage of the Suez Canal had me thinking back to my international trade economics unit. Specifically, the flow of cargo worldwide; I remember being shocked at the sheer number of vessels moving around the globe daily. With the blockage of a critical waterway between Europe and the rest

COVID-19 in the realm of insurance

COVID-19 in the realm of insurance

The COVID-19 pandemic has brought unprecedented change to the way society operates. The trickle-down effect of a recession will have impacts on the insurance industry, its key stakeholders and customers. Specifically, COVID-19 will modify the operational process of assessing claims. The new goals of insurance companies in response to the

Revisiting Stiglitz, Sen, and Fitoussi: Coronavirus edition

Revisiting Stiglitz, Sen, and Fitoussi: Coronavirus edition

The coronavirus global pandemic is slated to have economic repercussions on par with the Great Depression. The last time the world was plunged into global economic chaos of this scale was the Global Financial Crisis (GFC). In 2008, in the lead-up to the GFC, France’s President Sarkozy asked celebrated

How panic buying in Hong Kong created demand for an unexpected commodity - toilet paper

How panic buying in Hong Kong created demand for an unexpected commodity - toilet paper

With the outbreak of coronavirus (COVID-19), it is not surprising that the demand for medical masks, hand sanitisers and hygiene-related products would skyrocket. However, at the same time, another unexpected commodity has become one of the most sought-after products in Hong Kong. This article takes a look at why residents