My latest weekly email

The seventh in my (almost) weekly email series is over the fold.

Hi all
Welcome back to my (almost) weekly email.
I’ve been working mostly on public investment and the failure of the private finance (PPP) model. I had a piece in yesterday’s Guardian,
https://www.theguardian.com/commentisfree/2017/jul/05/governments-are-buying-up-where-the-market-has-failed-is-this-the-end-of-privatisation
with more to come, I hope, and also did an interview with a Canadian paper, the Globe and Mail. All this ties in to the question of how to respond to the Turnbull government’s Northern Australia Infrastructure Facility. While the rhetoric around the establishment of the fund is the worst kind of old-style developmentalism, and there’s a big risk it will be used as a conduit to subsidise the coal industry, it also opens up plenty of possibilities for innovative public funding.

In particular, there are opportunities to explore new models of development for indigenous people such as the Wangan & Jagalingou (W&J) who are currently fighting the Adani mine project
http://wanganjagalingou.com.au/our-fight/
Along with others from the UQ Global Change Institute, I met Adrian Burragubba the W&J spokesman yesterday and hope to do more work helping to provide some economic analysis to support the struggle.

Recent blog posts
Expertise and punditry https://johnquiggin.com/2017/07/06/expertise-and-punditry/
Adani trouble on all fronts https://johnquiggin.com/2017/06/30/adani-trouble-on-all-fronts/
Governments are buying up where the market has failed. Is this the end of privatisation? https://johnquiggin.com/2017/07/05/governments-are-buying-up-where-the-market-has-failed-is-this-the-end-of-privatisation/
Twitter feed https://twitter.com/JohnQuiggin

One thought on “My latest weekly email

  1. My Professor of economic development, at the UNSW, was keen on social indicators are assessing the social costs and social benefits of any development project. His focus was on less developed countries like India-this was in 1973- and Malaysia. But in Japan, he found a match with the experience of the Australian indigenous peoples. It was the Ainu people who had been displaced centuries earlier when martial invaders had swamped the islands of What we now call Japan. Like the Indigeneous people’s of Australia, the Ainu survive in the far northern parts of Japan. They are largely forgotten and rarely helped by the government in Tokyo. It may be their presumed Russian heritage but it may simply be a conqueror race’s attitude to a conquered people. There is little or no economic development in Japan that even considers the social costs imposed on the Ainu people’s. Sound familiar?

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