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This year’s Nobel prize in economics awarded to team that examined what makes some countries rich and others poor

  • Written by: John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra
This year’s Nobel prize in economics awarded to team that examined what makes some countries rich and others poorDaron Acemoglu, Simon Johnson and James A. RobinsonNobel Prize Outreach

The 2024 Nobel Prize in Economics has been awarded to three US-based economists who examined the advantages of democracy and the rule of law, and why they are strong in some countries and not others.

Daron Acemoglu is a Turkish-American economist at the Massachusetts Institute...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

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Click Frenzy returns with a free EOFY sale event for retailers this month

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The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...

For Midsize Companies, Global Payroll Systems Matter More to Business-Security Than You Think

When a midsize company expands across borders, its payroll operation becomes exponentially more complex. These organisations typically face a new ...