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The tectonic plates of the world economy are shifting. While the West is in crisis, Asia is set to dominate the 21st century. What will happen next in Europe’s fiscal and monetary crisis? Will the Euro break up? Or is the European Central Bank trying to save the Euro by printing it? Can Asia save us? And where will all of this leave Australia?
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Government influences price levels in more ways than is immediately apparent. Through its direct and indirect interventions in the market, government is one of the most important price drivers in Australia and responsible for the rising cost of living. To make life more affordable, government needs to remove regulatory obstacles.
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What started as the US subprime crisis became the global financial crisis and has now developed into the Trans-Atlantic sovereign debt crisis.
In 2009, CIS Research Fellows Robert Carling and Dr Oliver Marc Hartwich predicted sovereign debt troubles on both sides of the Atlantic at a CIS event called ‘Trans-Atlantic Fiscal Follies.’ In August 2011, they were joined by CIS Research Fellow Adam Creighton to discuss the future for those countries buckling under their sovereign debt obligations. How much worse is it going to get? And does it have to get worse before it gets better? Will the dollar survive as the lead currency? Will the euro survive at all? Will gold continue to rise? And what’s the endgame of government debt?
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This monograph shows that the rising size, cost, and complexity of the out-of-home care system in Australia is directly linked to child protection failures. Children are entering care later and more damaged, and are spending longer in care due to the misguided emphasis placed on family preservation by child welfare agencies.
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NEW EVENT
