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Restoring Australia after the Pandemic Recession

by Ross Garnaut
Paperback
Publication Date: 22/02/2021
5/5 Rating 1 Review

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From the bestselling author of Superpower, a ground-breaking sequel about Australia's best path out of recession.

In Reset, renowned economist Ross Garnaut shows how the COVID-19 crisis offers Australia the opportunity to reset its economy and build a successful future - and why the old approaches will not work.

Garnaut develops the idea of a renewable superpower, he calls for a basic income and he explores what the 'decoupling' of China and America will mean for Australia.

In the wake of COVID-19, the world has entered its deepest recession since the 1930s. Shocks of this magnitude throw history from its established course - either for good or evil. In 1942 - in the depths of war - the Australian government established a Department of Post-War Reconstruction to plan a future that not only restored existing strengths but also rebuilt the country for a new and better future. As we strive to overcome the coronavirus challenge, we need new, practical ideas to restore Australia. This book has them.

ISBN:
9781760642822
9781760642822
Category:
Economic forecasting
Format:
Paperback
Publication Date:
22-02-2021
Publisher:
Black Inc.
Country of origin:
Australia
Pages:
320
Ross Garnaut

Ross Garnaut is Professorial Research Fellow in Economics at the University of Melbourne.

In 2008, he produced the Garnaut Climate Change Review for the Australian government.

He is the author of many books, including the bestselling Dog Days (2013).

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This is an important book discussing new ideas for the Reset of the Australian economy. The author I has great experience in formulating economic policy and he is willing to challenge old convention, cast new light on old ideas and to suggest new policies to boost Australian economic performance. Some of the ideas are: take the policy goal of full employment seriously, recognise new ideas about inflation as not being as significant as we have been, take advantage of renewable energy to become a superpower ( title of his book before this). And the big idea of a universal minimal income.
The book is not a light read but is a welcome relief from light weight commentary.

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