Recovery - Economics Students Society of Australia

Recovery

A collection of 4 posts

Survival of the fittest? The economy post-JobKeeper

australian economy

Survival of the fittest? The economy post-JobKeeper

JobKeeper – it’s a word that most of us have become familiar with over the past year. It’s been the biggest economic support program Australia has ever implemented, at a cost of $90 billion [1]. Around one in three workers have benefitted from it but with many different opinions

The Great Recession that we dodged

The Great Recession that we dodged

Six months living on the other side of the world caused me to realise a lot about life in Australia. Some of the differences between our island home and the rest of the world are obvious, some are instinctive – but one subtle difference has mostly flown under the radar, with

Unemployment in America: the forgotten economic crisis

Unemployment in America: the forgotten economic crisis

This article was featured as part of Equilibrium 2013, our annual print publication. President Barack Obama assumed office in 2009 during a crisis of epic proportions, particularly demonstrated by the skyrocketing unemployment rate in the wake of the Global Financial Crisis.However, nowadays it seems that the second-term President’s

Debunking of Iceland’s Economic Recovery

Debunking of Iceland’s Economic Recovery

If we remember back to the days of the global financial crisis, one of the earliest and hardest hit countries in the European area was Iceland. Iceland was also the only country which made the fateful decision to not bailout the three largest banks in their country. This was not