Reset: Restoring Australia after the Pandemic Recession

Description

'The nation's most prophetic economist'—Ross Gittins 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. La Trobe University Press in conjunction with Black Inc. and the University of Melbourne