Read all posts for ‘local economies’

This issue of FutureChallenges focuses on traditional models of economic growth versus inclusive growth. Traditional models prioritize expanding economic power at all costs, and often ignore people’s wellbeing, while inclusive growth promises models in which the benefits of economic growth are more equitably distributed throughout society. Needless to say, the […]

Governance isn’t the only thing that is being taken into the hands of civil society. In Australia, the entire premise of the market system is also being reworked. If the state reneges on its promise to provide basic services, the opposite effect will happen – people will start taking things […]

Amy Cox lives in the coastal town of Newcastle, about 2 hours north of Sydney. She witnessed firsthand the steady economic decline of the city. Walking down the central streets of Newcastle, once a bustling commercial and social district, she would feel quite disheartened to see vacant shops, vandalised buildings […]

Peter, his wife and their two small children are a middle class family who own a two-bedroom apartment in a central location in Varna, Bulgaria’s third largest city. They have two cars and go on vacation twice a year. Peter has a degree in economics and used to work for […]