The Economy, Stupid
ABC
Formerly The Money, The Economy, Stupid is your weekly guide to the world of business, economics and finance. Every Thursday, economist Peter Martin is joined by a team of sharp young thinkers for a fresh conversation about the financial stories making headlines and how they might affect you.
Episodes
Mentioned books
Apr 22, 2021 • 29min
Nauru rejoins the high income club
The island nation of Nauru has been readmitted to the World Bank’s high-income club. The turnaround in Nauru’s economic woes is partly due to increased income from fishing licences - but it is revenue from Australia’s Regional Processing Centre that's transformed the tiny economy. Plus, back in the penalty box – trade sanctions are expected as the Commonwealth cancels Victorian agreements with China’s Belt and Road project. And Menulog trials employing food delivery riders.Guests:Richard McGregor, Senior Fellow, Lowy InstituteProfessor Stephen Howes, Director, Development Policy Centre, Professor of Economics at the Crawford School, ANUTom Barratt, Lecturer, Centre for Work and Wellbeing, Edith Cowan UniversityMichael Kaine, National Secretary, Transport Workers Union
