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Browse: Home / global financial crisis

global financial crisis

Ken Henry resigns

By Robert Merkel on December 21, 2010

ABC News: The Federal Government has confirmed Treasury secretary Ken Henry is resigning from his role. He will finish up early in the new year and will be replaced by Climate Change Department secretary Martin Parkinson. Confirming Dr Henry’s resignation [...]

Posted in Economics, Policy, Politics | Tagged bernard keane, GFC, global financial crisis, Ken Henry | 32 Responses

Joseph Stiglitz is in town

By Brian on July 29, 2010

Joseph Stiglitz is half way through a lecture tour of Australia. Unfortunately he’s already been to Perth and Brisbane and it’s too late for Melbourne, but there is still Hobart, Canberra and Sydney where public lectures are scheduled. If you [...]

Posted in Developing world, Economics, federal election 2010, Markets, Politics | Tagged GFC, global financial crisis, Joseph Stiglitz | 15 Responses

Explaining Bligh's privatisation push: Search Foundation forum

By Mark Bahnisch on April 11, 2010

I spoke yesterday at a Search Foundation Forum, Breaking the Addiction: challenging Bligh’s privatisation push, in Brisbane at the Workers’ Community Centre at Paddington. This is the text of my talk, written up from my notes: I The Bligh government’s [...]

Posted in Activism, Culture, Economics, Government, History, Policy, Politics, Queensland, Sociology, State/Territory Elections | Tagged ALP, Andrew Fraser, Anna Bligh, autonomy, Bligh government, capacities, capital, Carole Ferrier, commodification, communitarianism, communities, corporatism, decommodification, democratic socialism, ETU, GFC, global financial crisis, globalisation, governmentality, History, homgenisation, homogenisation, ideology, Joh Bjelke-Petersen, John Quiggin, John-Paul Langbroek, Labor, Lawrence Springborg, Liberal National Party, LNP, managerialism, Media, neo-liberalism, New Labor, New Labour, nudge, Peter Beattie, political class, political culture, Polls, privatisation, QR, Queensland election 2009, queensland government, Queensland Greens, Queensland history, Queensland rail, radical brisbane, Ray Evans, resources, Sociology, Sunday Mail, T. J. Ryan, The Greens, trade unions, unions | 31 Responses

The Coalition on economic management

By Mark Bahnisch on April 1, 2010

Whether or not it’s a coincidence that the first of Tony Abbott’s ‘headland speeches’ was on economic policy and was delivered the day after Newspoll showed the Coalition falling behind Labor on economic management, I don’t know. But, given that [...]

Posted in Economics, Howardia, Politics | Tagged asian currency crisis, budget, Coalition, cuts, economic management, economic policy, Economics, fiscal policy, GFC, global financial crisis, headland speeches, Henry Tax review, Joe Hockey, John Howard, Keynes, Lateline, levies, Liberal Party, opposition, parental leave, Peter Costello, spending, stimulus, tax, Tony Abbott, Tony Jones | 34 Responses

The politics of risk and uncertainty in an election year

By Mark Bahnisch on February 17, 2010

Writing in Crikey yesterday, Guy Rundle described the Greek imbroglio as the second wave of the Global Financial Crisis: So let’s try and make it as clear as possible — the second wave of the 2008 GFC has begun, and [...]

Posted in Economics, Europe, Federal Elections, International, Markets, Politics, Sociology | Tagged bernard keane, Coalition, economic policy, Economics, Federal Election 2010, global financial crisis, Greece, Guy Rundle, Immanuel Wallerstein, Kevin Rudd, Labor, political communication, political economy, recession, risk, Sociology, sovereign debt, sovereign risk, Tony Abbott, uncertainty | 36 Responses

Obama's real world economic experiment

By Mark Bahnisch on January 26, 2010

Responding to the loss of Ted Kennedy’s Massachussetts Senate seat to Republican Scott Brown, Barack Obama is set to announce a three year discretionary spending freeze. (Note that military spending is apparently compulsory not discretionary.) Nate Silver at FiveThirtyEight.Com thinks [...]

Posted in Economics, International, Markets, USA | Tagged andrew leonard, Australian politics, barack obama, blue dog democrats, Brad DeLong, Coalition, deficits, Economics, Evan Bayh, firedoglake, G20, GFC, global financial crisis, growth, herbert hoover, ideology, Liberal Party, nate silver, Paul Krugman, Politics, recession, Robert Reich, Salon, spending freeze, stimulus, US politics | 71 Responses

Bernanke's confirmation in doubt

By Mark Bahnisch on January 26, 2010

A number of US financial blogs are reporting that Ben Bernanke faces a chance of failure to be confirmed by the American Senate for a second term in office. James Bianco at The Big Picture has all the details, and [...]

Posted in International, Markets, Politics, USA | Tagged alan greenspan, barack obama, Ben bernanke, central banks, Fed, federal reserve, global finance, global financial crisis, gordon brown, health care, ideology, James Bianco, Markets, Massachussetts, Naked Capitalism, neo-liberalism, Politics, Scott Brown, Senate, The Big Picture, us economy, US politics, Wall Street | 15 Responses

Keeping the New Labour faith, even unto death

By Mark Bahnisch on January 14, 2010

2010 is going to be a year of elections. In Australia, we have three state elections – Victoria, South Australia and Tasmania, and almost certainly a federal poll*. In Britain, the Labour party’s future is on the line; the same [...]

Posted in Elections, Federal Elections, Foreign Elections, International, Politics, State/Territory Elections | Tagged ALP, Coalition, coup, Elections, Federal Election 2010, Geoff Hoon, GFC, global financial crisis, gordon brown, Guardian, Hawke government, ideology, keating government, Labour party, Liberal Party, liberals, Lord Mandelson, Media, New Labour, Patricia Hewitt, South Australian election 2010, Tasmanian eleciton 2010, the city, Tony Abbott, Tony Blair, treasury line, UK election 2010, Victorian election 2010 | 10 Responses

The Tobin Tax and the GFC

By Mark Bahnisch on January 8, 2010

In a recent post, I observed that the momentum for systemic reform and coordinated international regulation of the financial sector, pursued through the G20 in the aftermath of the Global Financial Crisis, appeared to have stalled. In that context, it [...]

Posted in Economics, Elections, International, Markets, Politics, USA | Tagged banks, Capitalism, dominique strauss-kahn, G20, GFC, global finance, global financial crisis, IMF, inside story, John Langmore, Senate, tobin tax, transactions, US midterm elections 2010, US politics | 3 Responses

Two strikes against 'extreme capitalism'

By Mark Bahnisch on January 5, 2010

As Derek Barry observes in a comprehensive post, the Productivity Commission has weakened its recommendations on corporate governance and remuneration. Business groups were reportedly complaining about ‘risk’ and ‘uncertainty’. (Intriguingly, those appear to be two of the most common litanies [...]

Posted in Economics, International, Markets, Politics, USA | Tagged ALP, barack obama, bonuses, business lobby, CFMEU, executive pay, extreme capitalism, GFC, global financial crisis, gordon brown, john sutton, Kevin Rudd, Labor, Labour, Markets, productivity commission, Rudd government, toxic debt, two strikes | 23 Responses

Rebranding capitalism

By Mark Bahnisch on January 5, 2010

There’s an interesting link in a recent post by John Quiggin; discussion among folks he terms market liberals about eschewing the term ‘capitalism’. I can well remember when it came back into fashion as a descriptor beloved of triumphalist neo-liberals, [...]

Posted in Economics, Language, Markets, Politics | Tagged Capitalism, GFC, global financial crisis, ideology, John Quiggin, market liberals, neo-liberalism, rebranding | 46 Responses

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