Podcast: Back to basics – the economy and us

This week on policy forum module, Warwick McKibbin and Kristen Sobeck join us in the first episode of our new mini-series on the social impacts of the rising cost of living and the inflation crisis.

What global and local factors have contributed to the rising cost of living and inflation? What is the role of the Reserve Bank in the management of monetary policy? And what should policymakers consider when addressing these complex issues? On this episode of policy forum module, Warwick McKibbin and Kristen Sobeck join Sharon Bessell and Arnagretta Hunter in getting back to basics and unpacking the current state of our economic environment. Listen here: https://bit.ly/3nzaAze

Warwick McKibbin AO is Emeritus Professor of Economics and Public Policy and Director of the ANU Center for Applied Macroeconomic Analysis at the Crawford School of Public Policy. He is also Director of Policy Engagement and ANU Node Leader at the Australian Research Council Center of Excellence in Aging Population Research.

Kristen Sobeck is a Senior Research Officer at the Tax and Transfer Policy Institute at the Crawford School. She has worked as an economist at the International Labor Organization at its headquarters in Geneva and in the Argentina country office.

Sharon Bessel is Professor of Public Policy and Director of the Children’s Policy Center and the Poverty and Inequality Research Center at the ANU Crawford School of Public Policy.

Arnagretta Hunter is a Human Futures Fellow at ANU College of Health and Medicine, Cardiologist, Physician, and Clinical Lecturer at ANU Medical School.

Show grades | The following were mentioned during this episode:

Australia can avoid recession with the right policy choices, News.com.au, (2022)

Antimicrobial Resistance: Designing a Comprehensive Macroeconomic Modeling Strategy, Roshen Fernando and Warwick McKibbin, Brookings, (2022)

Open letter: RBA review should be independent of government, The conversation, (2022)

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